admin @ July 30, 2008 # No Comment Yet
As most people are only too aware the mortgage and housing sectors in the UK have been going through turmoil over recent months, since the onset of the global credit crunch and its repercussions. As a result of the situation, mortgage loans have become far more difficult to come by and properties have become far [...]
admin @ June 9, 2008 # No Comment Yet
According to a recent report thousands of estate agents could end up going bust over the course of this year as a result of tighter credit conditions sparking fears of a housing market crash. Over the past six months lenders have brought in far tighter credit conditions as a result of the global credit card [...]
admin @ May 1, 2008 # No Comment Yet
What is a reverse mortgage? A reverse mortgage is a special kind of mortgage loan for senior citizens. The borrower and co-borrower must be at least 62 years of age to qualify. Actually what is a reverse mortgage? It is a safe, simple way to turn your home equity into tax free cash.
It is dissimilar [...]
admin @ March 12, 2008 # One Comment
When applying for a mortgage, your credit score is vital. It will determine whether you can get a loan, exactly how much you can borrow, and how much that loan is going to cost you in interest over the life of the loan.
If your credit score is below the 550-580 range, it usually means you’re [...]