Tag: bank

The word mortgage has become a magic word. The interest rate on secured loans in almost all real estate nowadays is not done without a mortgage. Let's look at the fundamental difference between mortgages and other types of lending.

Getting a mortgage is a big hurdle to overcome, and then there’s the deposit, which can be as high as 20%. Lenders are tightening up slightly, so getting pre-approval isn’t a given. However, if you and your partner are both in employment, have decent salaries, and have a good credit score, you can approach a mortgage broker. Here are a few funding options to consider.

How does one know when it’s time to buy a home or settle down? How do you know if it’s time to say goodbye to your wandering ways? Settling down could look like getting into a serious relationship that will keep you in one place, or it could look like you choose to purchase a dream home? How do you know if it’s time? Here are a few things to consider.