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What else can I help you with?
What is the role of a mortgage advisor?
A mortgage advisor is responsible for assisting you in finding what is the best process for you to follow through with when it comes to finding and financing a home.
Where online can one find self cert remortgage quotes?
One can find self cert remortgage quotes online through companies such as Remortgage-Here, Go Direct, Fair Investment and The Best Mortgage Deals. Online banks such as Wells Fargo and TD Bank also offer self cert remortgage quotes at competitive rates.
Where can one find a buy to let remortgage with good rates?
One way to find a buy to let remortgage with good rates is through the Moneyfacts website. It is useful because offers comparisons of a variety of buy to let mortgage options.
What are the risks involved with a remortgage?
The biggest risk in a remortgage, or refinancing your home, is losing money in the deal through closing costs etc. A simple rule of thumb is to ask your mortgage officer to run the numbers for you to see what the break-even point time frame is. If you don't plan on living in your house longer than that, do not get a remortgage.
How do I hire a remortgage solicitor?
It is the very first time that I have needed to remortgage and I am unsure on how to go about things? I have seen a mortgage deal I like, do I now need to hire a remortgaging conveyancing solicitor or does the lender do that on my behalf?
How is it possible to get into the mortgage industry?
It is possible to get into the mortgage industry through special university training. Most people from the mortgage industry received degrees in business administration. Many successful members of the industry had internships while in school to get acquainted to the industry.
Is it possible for my mortgage company to lower my interest rate without requiring me to refinance?
Yes, it is possible for your mortgage company to lower your interest rate without requiring you to refinance through a process called a loan modification.
Can I transfer my mortgage to another property in the USA?
Yes, it is possible to transfer your mortgage to another property in the USA through a process called mortgage assumption or mortgage transfer. This involves the new property meeting the lender's requirements and the approval of the lender.
How does a person search for remortgage opportunities?
A person may search for remortgage opportunities in different areas such as with their realtor or bank. Once they've selected who to go with just simply make an appointment and go through each option.
Is it possible to get mortgage financing for an investment home?
Yes, it is possible to get mortgage financing for an investment home through almost any bank or mortgage lender. Most financial institutions have an application that is filled out, on it you are to select investment property; this way for legal purposes the bank and government know this will not be your permanent address.
Can I port my mortgage in the US to a new property?
Yes, it is possible to port your mortgage in the US to a new property through a process called mortgage porting. This allows you to transfer your existing mortgage to a new property, typically with the same terms and conditions. However, not all lenders offer this option, so it's important to check with your lender to see if it is possible in your situation.
What is the best way to go about getting a poor credit remortgage?
The best way is firstly asking your initial lender, and tell them that you're going to leave. Sometimes they will try and keep you. Failing that, you really need a specialist mortgage broker. You can also try doing it yourself by searching through quotes.
