Blog tagged as Mortgage Term

Private Mortgages Explained

Private Mortgages Explained

By Mortgages Foundations

Today, I am going to discuss private mortgages, the difference between the types of private mortgage lenders, as well as explain some common uses and risks of a private mortgage.

First, it is important to note that a private mortgage is not for everyone, and your Mortgage Broker should exhaust all o...

03.10.24 06:27 PM - Comment(s)
The difference between the Term and Amortization Period.

The difference between the Term and Amortization Period.

By Mortgages Foundations

When shopping for a new mortgage, a common source of confusion is the difference between the mortgage term, which is normally 1 to 5 years, and the amortization period, which is normally 25 or 30 years.

The basic explanation for the difference between the two timelines is that the mortgage term is th...

01.08.24 09:33 PM - Comment(s)