Blog tagged as Loan To Value

What is a Debt Consolidation Mortgage

What is a Debt Consolidation Mortgage

By Mortgages Foundations

High-interest debt from credit cards or loans can make it hard to efficiently manage your finances and can lead to falling behind on payments; even minimum payments can be tough to make when debt gets out of control. If you have the equity available in your home, a debt consolidation mortgage m...

12.11.24 06:25 PM - Comment(s)
Mortgages for Self-Employed or Business For Self (BFS)

Mortgages for Self-Employed or Business For Self (BFS)

By Mortgages Foundations

When it comes to understanding a mortgage for a self employed individual it is critical to recognize that the core principles of the mortgage remain the same whether you are self-employed or employed as a traditional employee. The process of securing a mortgage for a self-employed individual ca...

05.09.24 12:14 PM - Comment(s)
What is an Alternative Lender?

What is an Alternative Lender?

By Mortgages Foundations

So, you're curious about alternative mortgage lenders, huh? Well, you've come to the right place! Let's dive right into it and explore what exactly an alternative mortgage lender is. When we think about getting a mortgage, the first thing that usually comes to mind is heading straight to a tradition...

15.08.24 01:19 PM - Comment(s)
Appraisals

Appraisals

By Mortgages Foundations

An appraisal plays a crucial role when it comes to securing a mortgage. It provides lenders with an assessment of the value of a property, which helps them determine how much they are willing to lend to a borrower. In simple terms, an appraisal is a professional opinion on the market value of a home...

10.06.24 02:21 PM - Comment(s)