mortgage processing papers

Understanding the Mortgage Process Thru This Guide

When you want to purchase your first home, or when you need a new car, but you do not have the cold cash for such a purchase, the first thing that comes to mind is to borrow money. There are several ways and means to borrow money and nowadays, borrowing money is no longer limited to bank loans. Nonetheless, lenders need to secure the money they lend, which is why there is a need for a mortgage.

calculating a budget

Effective Ways to Buy a House Within Your Budget

For a couple who just got married and starting a family of their own, buying a house is a big milestone. This is also true for a young professional who saved just enough, but is ready to embark on a new life’s journey. Buying one’s own house entails the need for courage. Nonetheless, there are several ways to ensure that you stay within your budget to guarantee that you will not bite what you can’t chew.

common home buying myths

Common Home Buying Myths

Buying a house is both exciting and stressful at the same time and whether you are a first time buyer or climbing the property ladder, you are guaranteed to receive lots of advice throughout your house buying journey. Now some of this advice will be helpful of course, however, some advice although given with best intentions intended, may not be so helpful.

unpopular property types with lenders

Unpopular Property Types with Lenders

Whether you’re looking to buy your first house or to move up the property ladder, it is helpful to know the types of properties that lenders are more reluctant to lend for. Some properties are seen as being a bit riskier than others due to a range of reasons such as location, security issues, the requirement for repairs and the type of deal needed to enter into an agreement to buy.

Scroll to Top