Posts tagged: Borrowers

Using a Second Mortgage for an 80-20 No Money Down

Using a Second Mortgage for an 80-20 No Money Down Home Purchase Loan
Many renters want to own their own home, but they simply dont have the down payment to make the purchase. If youre able to afford a house payment as much as your monthly rent, an 80-20 no money down loan could get [...]

The Role of Mortgage Broker

A mortgage broker is a well-trained professional representing those who seek home mortgages and provides them an ideal solution. He is thorough with the entire mortgage processes. Hence, he will give the clients the best mortgage solution. A mortgage broker is considered as financial matchmaker between the borrower and the lender. Mortgage brokers are very [...]

Re-mortgaging the benefits

Banks are reporting that the numbers of customers re-mortgaging their properties is at its highest ever. Most of these customers are seeking to take advantage of two important trends in the economy. The first is that lower interest rates, and increased competition among banks and financial institutions is leading to better and better deals being [...]

Mortgaging For Funds

Almost one pensioner in four does not have enough money to fund their retirement, research from Prudential reveals, and one property-owning pensioner in five thinks they will have to downsize to make up the difference.
Along with those forced to sell their homes, one pensioner in six would consider taking in a lodger.
But now, pensioners can [...]