Having a home loan can be a rather daunting thought for many people, no matter what their income is. Depending on the set-up of your loan, there could be many years ahead of making repayment after repayment. To avoid accumulating interest and becoming stuck with repayments for a lengthy period of time, consider some of...
Tag: home loan
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Home Loan Tips – 5 Benefits You Get From Home Loan
For the salaried class, home loans are like a trump card that makes them eligible for acquiring the piece of real – estate at a young age with financial leverage. It would have really been a tough time for them if the facility of a home loan was not available. Perhaps one could have only...
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Can You Manage a Mortgage on Pension?
When it comes to retirement planning one of the most common pieces of advice is to pay off your mortgage as quickly as possible. No mortgage = less financial stress. But what if you want to buy a new home after you retire? Will you be able to get a mortgage and will you be...
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Why Didn’t You Get That Home Loan?
Rejection is rarely welcome, especially when credit applications are involved. During the past few years, numerous applicants have been declined credit for secured loans and mortgages. The question many people are asking is why. Provided below is a summary of some of the reasons why applicants are being refused credit for loans and mortgages. People...