Can You Get Buy-to-Let Mortgage with No Income?

Can i get buy-to-let mortgage with no income? Most commonly, lenders will be willing to provide a buy to let mortgage with no minimum income to people who can supply proof of income that supports their lifestyle ? which can be any amount, as long as your personal financial situation is self sustainable. Read more … Read more

Mortgage Broker Fees: Are They Refundable?

Are mortgage broker fees refundable? Changed your mind about agreement with a credit broker. You have the right to a refund of the money you’ve paid. Read more on www.citizensadvice.org.uk Many individuals seek the assistance of mortgage brokers when they want to purchase a property in order to go through the challenging process of getting … Read more

Can a 70 Year Old Get a 30 Year Mortgage?

Can a 70 year old get a 30 year mortgage? Can you get a 30?year home loan as a senior? First, if you have the means, no age is too old to buy or refinance a house. The Equal Credit Opportunity Act prohibits lenders from blocking or discouraging anyone from a mortgage based on age. … Read more

Does It Matter Who Holds Your Mortgage?

Does it matter who holds your mortgage? Mortgage servicing companies matter more than ever. Chances are, the company that you send your mortgage payments to isn’t the owner of the loan or the original lender. Instead, payments are sent to a separate “”mortgage servicing company.”” Mortgage servicers tend to be out of sight, out of … Read more

The Two Types of Mortgages: Explained

What are the 2 types of mortgages? Mortgages are available with two different types of interest rates: fixed and adjustable. On a fixed-rate loan, the interest rate stays the same for the entire life in the loan. On an adjustable-rate loan, the interest rate varies along with the broader financial market. Read more on time.com … Read more

What is a Mortgage Person Called?

What is a mortgage person called? A mortgage broker is an intermediary who brings mortgage borrowers and mortgage lenders together, but who does not use their own funds to originate mortgages. A mortgage broker helps borrowers connect with lenders and seeks out the best fit in terms of the borrower’s financial situation and interest-rate needs. … Read more

Can I Buy a Business with a Residential Mortgage?

Can I buy a business with a residential mortgage? The answer is yes, as long as you use the residential property for commercial purposes. So if you want to borrow toward the cost of an apartment complex with the view to generate rental income, a commercial mortgage is a suitable option. Read more on www.fundingguru.com … Read more