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What else can I help you with?
How can one get a mortgage with bad credit history?
Although having a good credit history is better when applying for a mortgage it is possible to still get a mortgage with a bad credit history. When getting a mortgage with a bad credit history, one will have to pay a higher interest rate. Show the mortgage lender that you have a good job that will cover your mortgage. If you eliminate all other debt it looks better to the lender and gives one a better chance at getting approved.
What is a high and low mortgage rate?
3% or lower is seen as low and 8% or higher is seen a high. the lower you can get that better and if you can get a fixed mortgage its better then if you get an adjustable.
What functions does the BBC mortgage calculator have?
The BBC Mortgage Calculator helps you work out your monthly mortgage and what your payments will be before you even borrow the money. This will better help you know what you can afford.
Is it better to pay off your mortgage or keep it going?
It's better to pay off your mportgage.
Can you just make one extra mortgage payment a year?
Yes, but it would be better if you can divided the extra payment into each mortgage payment through the year instead of waiting until the end of the year to make one extra payment because you will be lowering the principal as the year progresses which lowers the interest accrued.
What is the best type of mortgage for someone in the UK?
The best type of mortgage will depend on the circumstances of the individual. Some will do better with a fixed rate while an adjustable rate will be better for others. A discussion with a mortgage broker or other mortgage professional will determine one's options.
How can one get a mortgage with bad credit history?
Although having a good credit history is better when applying for a mortgage it is possible to still get a mortgage with a bad credit history. When getting a mortgage with a bad credit history, one will have to pay a higher interest rate. Show the mortgage lender that you have a good job that will cover your mortgage. If you eliminate all other debt it looks better to the lender and gives one a better chance at getting approved.
How much should I expect to pay for a 15 year mortgage?
It depends on the house and your credit. Because it is a 15 year instead of a 30 year, you will get a better rate, perhaps 3% or lower.
Would it be cheaper to get a loan to pay your mortgage off?
Probably not as the rate is usually a lot better on a mortgage
What is a high and low mortgage rate?
3% or lower is seen as low and 8% or higher is seen a high. the lower you can get that better and if you can get a fixed mortgage its better then if you get an adjustable.
Can you file bankruptcy on a second mortgage and continue to pay on a first mortgage?
Better consult an Attorney in your jurisdiction for the same.
What functions does the BBC mortgage calculator have?
The BBC Mortgage Calculator helps you work out your monthly mortgage and what your payments will be before you even borrow the money. This will better help you know what you can afford.
Is it better to pay off your mortgage or keep it going?
It's better to pay off your mportgage.
Can you just make one extra mortgage payment a year?
Yes, but it would be better if you can divided the extra payment into each mortgage payment through the year instead of waiting until the end of the year to make one extra payment because you will be lowering the principal as the year progresses which lowers the interest accrued.
Is it legal to pay 12 months advance mortgage payments on owner occupied property?
Of course. You can pay any payments in advance, although it may be better to just pay down the principal balance instead.
Why might someone require the services provided by a mortgage company?
You may be trying to get your first mortgage on your first home, or you may be looking to refinance your existing mortgage at a better interest rate.
Is it better to pay off a collection agency or get caught up on a mortgage one month behind?
Mortgage should always come first.
