You are about to make the most important financial decision in your life – Getting a mortgage. When it comes to mortgage, the competition is fierce and it is crucial that you choose your lender wisely. Here are a few characteristics that are common to
Surprises are not always good! When it comes to mortgage, you have to make sure you understand all the fees and charges involved before making a choice. Amidst the thick pile of paperwork filled with the technical jargons, one gets tempted to skip the details and
PART II How Do I Get the Loan Amount? You can get the loan amount in any of the 3 ways you wish to: • As a lump sum• As a line of credit• As regular payments Needless to say, most of the borrowers go for the ‘line of
PART I How would you react to a deal where you get to en-cash your home equity without having to move out of the property, sell the property or repay anything at all? It may be hard to believe that such a debt instrument exists. But
Simply put, refinancing is paying off an existing mortgage by setting up a new one.There can be more than one reason why one considers refinancing his/her mortgage. But refinancing doesn’t come for free. There’s a substantial cost to bear (that can be up to 6%