4 Aspects You Should Know Before Preferring a Condo
Considering buying a condo can be a wise decision. Prices are usually lesser for single-family homes, and many condos come with luxury facilities for their owners. If you are at that phase of your life where you do not have the time or ability to maintain, a condo can provide ...
Spend on a Home Wisely: Some Tips And Tricks
From the basic human need for safety to more secondary needs like the pride of ownership, the need to own a home is quite a compelling one. As an intending homeowner, you have most likely asked the question, “why do I need a home?”. The next question you need to ...
Mortgage Broker vs Real Estate Agent: How They Are Different?
Real estate agent and mortgage broker are two essential agents in the real estate/housing industry. These two agents assist people in acquiring real estate agent properties for personal or commercial use. Yet, they differ in roles and functions and shouldn't be mistaken for the other. Mortgage Broker This is a ...
Why Mortgage Interest Rate Differ
Wondering why mortgage interest rate differs? Like traditional banks, mortgage banks and other institutions charge interests that are payable over the mortgage term. This is because you are using the lender’s money to finance your home purchase. The mortgage interest rate is the lender’s reward for borrowing you the principal. ...
Finding the Right Mortgage Broker for You
Frankly, choosing a mortgage might be one of the most significant and trickiest financial decisions you might ever make. With a wide array of mortgages and loan repayment plans, picking out the right plan for you can be downright confusing, and it is pretty easy to find yourself in tight ...
Mortgage Brokers: How Do They Get Paid?
Mortgage brokers are invaluable agents in the mortgage industry. They search for suitable loan packages and equally onboard borrowers while serving as an intermediary between the two parties until the transaction is complete. Remember that mortgage brokers do not offer their services for free. This is how they get paid. ...
