Making UK Mortgages More Accessible
Re-mortgaging Guide To The Best Deals
Previously, in the UK, if you wanted to apply for a mortgage to buy a new home, the amount that would be lent to you would be automatically tied to how much money you earned. With runaway UK housing prices over the last decade, and with incomes remaining fairly stable, this method of calculating how much you could borrow on a mortgage has become out dated. Today, many new home buyers need to look for more creative ways to borrow money if they want to buy a new home in Britain…
Glossary of common terms used during the mortgage process.
When interest rates fall, there are savings to be made. This is true for everyone, not just people currently looking for a new home or mortgage.
Carolina Online Home Loans
A layman’s glossary of 34 terms commonly used during the process of arranging a mortgage in the UK.
Mortgage Lenders Your Options
Find a Carolina home loan online involves a few clicks of the mouse and your choices surge forward. Read on to find out what all of your options are.
Raleigh Mortgage Options
Finding your dream home is usually the simplest part of the house buying process! Once you see somewhere you want to put in an offer for, you�ll want to move fast. It helps, therefore, to have your mortgage sorted before you find somewhere you want to buy.
You can choose a lender and mortgage, apply for the loan and get your mortgage �approved on principle� before you even start looking for a house. This means that you know what your budget will be and can be fairly certai…
Refinancing Your Mortgage After Bankruptcy
Raleigh, NC is a booming metropolis favored by many who enjoy its growing sophistication, work options, and leisure pursuits. If you plan on relocating to “the triangle” you can save money on your mortgage. Shop today for your Raleigh mortgage options today!
Stepping Onto The Property Ladder: First Mortgages
It is a general conception that getting a refinance loan after filing a bankruptcy is quite difficult. But you can avail a home loan provided you pay the interest at a slightly higher rate. Generally, lenders do not prefer taking the risk of offering mortgages to someone who has filed bankruptcy. But there are the subprime lenders who can offer you loans at higher interest rates, sometimes even after six months of finalizing your bankruptcy.
Why Get a Home Equity Loan?
It pays to be clued up before stepping onto the property ladder. If you know about the mortgage buying process then you will get a better deal and find the right home for you.
Types of Home Equity Loans
If you’re a homeowner, chances are that you’ve been deluged with offers from finance companies to lend you money based on the equity you have invested in your home. A home equity loan is a loan extended to you that is secured by your home.
Home equity loans are a way of using the money that you’ve invested in your mortgage by borrowing against it. Essentially, a home equity loan is a ‘second mortgage’ – a loan secured by your property. If you don’t make good on your payments, the lending company or bank can force the sale of your house to recover their money.