Tag: borrowers

The meteoric rise in property values, fuelled by low lending rates and demand, will probably be hitting an interval of stagnation.You can find two known reasons for that, which compound each other.One problem is that first-time buyers have already been almost completely priced from the property market, that ought to have resulted in a lowering of demand but didn't.The second reason is that many property owners are now struggling to buy bigger properties or buy more properties...

There are a large number of mortgage brokers today.Many of them provide a wide variety of home loans, while others concentrate on narrow niches.All of the lenders look at your mortgage application and could analyze:Your creditWork historyEmployment statusAssetsTax recordsBank statementsYou will get 100% financing even with no great credit.There are several loan programs for borrowers with fico scores of significantly less than 700...