Mortgage / Home Loans Archive

What Is A Reverse Mortgage And How Does It Work?

I’ve heard a bit in the news lately about reverse mortgages, so I thought it might be worthwhile to explain what a reverse mortgage is and how it works as it’s a confusing topic for many

Read More…

Why Interest Only Loans are a Bad Idea

Have you been considering an interest only loan, which is also referred to as an interest only mortgage? If so, make sure you understand what an interest only loan means because often it can be a bad idea, particularly when you do not understand exactly what it means

Read More…

5 Ways to Increase your Credit Rating

Having a good credit rating is important if you need to borrow money for things such as holidays or mortgages. The first thing that a potential lender will want to know about before deciding to grant you a loan is your credit score because this will help determine how eligible you are for a loan

Read More…

The Building Cost No One Thinks About

Building houses isn’t cheap, in fact, it’s downright expensive, and one cost that most people never seem to think about is the existing living expenses coupled with new interest payments which are payable as soon as you draw down on your loan facility

Read More…

How To Buy A Home In No Time At All

Purchasing a house can be a daunting, complex and all out confusing exercise – and that is just for people who’ve done it all before and know how to do it! The home buyer making their first foray into the world of property can rightfully feel totally adrift when confronted with their first buy. Don’t

Read More…

How Much to Secure a Home Loan?

For prospective home buyers, finally seeking out a loan after years of saving can be an exciting time. All the scrounging and sacrifices are finally set to pay off as the numbers in the account finally begin to resemble a down payment on a new home…but is it really enough? Many ambitious individuals are surprised

Read More…

The Pros and Cons of Remortgaging

If you’re like most people, buying a home is the single biggest investment you will make in your lifetime. The mortgage on that home, whether short term or long term, is likely to form the lion’s share of your personal debt for some time. That being said, after years of repaying that mortgage, the equity

Read More…

We’ve almost sold our house

It’s been a hectic last couple of weeks around here. Between getting our house ready for sale, buying a new block of land, building our new house, going to work, operating our online businesses and planning for our holiday (i’m on holidays now) things have been super crazy. I’m so glad that everything is finally

Read More…

5 Things You Should Know Before Refinancing Your Home Loan

Refinancing your home loan could be one of the best financial decisions you ever make. From helping you consolidating your credit card debt to choosing a better home loan – refinancing your home loan can be surprisingly simple. However, before you make the decision, here are five things you should know

Read More…

How Getting The Right Home Loan Can Save You Money

If you want to get into the property market there is a good chance that you will need to borrow money from a financial institution. I recently had to do this in order to finance the house and land that my wife and I recently purchased. For many people the whole loans process can seem

Read More…

A little home maintenance can save you big money

Last week I posted about how we are selling our house. Since then a lot has happened, and we are starting to realize just how much work we are in for in terms of getting our house ready for sale. My wife and I sometimes like to watch property shows and so we are very

Read More…

Investigating Peer to Peer Loans for Borrowers and Investors

I love the concept of peer to peer loans and lending. Anything that reduces our reliance on the big banks, is definitely worth exploring further. So today I am going to go through the ins and outs of peer to peer loans and what it means for you as either a borrower or a investor

Read More…