UK Landlord Forum / Life

Hi friends this is Sunny.This site contains a lot of information regarding any type of Mortgage.I want to know more info about it please get me I am waiting.
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Mortgage

Actually, there are two types of mortgage- the fixed rate and adjustable rate mortgage. When we say fixed rate mortgage, the interest rate is constant. The interest rate for adjustable rate mortgage is subject to change for example from monthly to annually.

A mortgage is a loan or lien on a property or house that must be paid over a period of time. Think of it as your personal guarantee that you repay the money you borrowed to buy your house. Mortgages come in many shapes and sizes, each with advantages and disadvantages. Mortgage Knowledge Base is a place where all knowledge related to mortgages is consolidated very efficiently.

Quote from: morsemosi on January 27, 2011, 06:33:43 PM
Wow!amazing information out here regarding the Mortgage.I want to ask one question  does any one have any idea regarding the Reverse mortgage....

Hi,
A reverse mortgage is a loan available to seniors aged 62 or you can say a type of mortgage in which a homeowner can borrow money against the value of his or her home. No repayment of the mortgage is required until the borrower dies or the home is sold.

A mortgage is a loan secured by a property / house and paid in installments over a period of time.The mortgage protects your promise that the money borrowed will repaid.A mortgage is a method of using property as security for executing a bond, usually the payment of a debt.

If you are looking for mortgages you can consider Adjustable mortgage. And second one is fixed mortgage. I am considering the adjustable mortgage because of it flexibility in terms of time, as you can turn your interest rate depending upon monthly to annually.

Sunny, with your efforts to initiate this thread, I also learnt on mortgage. I am new to this sector so need learning to be used in my professional life. Though currently I am promoting payday loans using forums

Actually, there are two types of mortgage- the fixed rate and adjustable rate mortgage. When we say fixed rate mortgage, the interest rate is constant.

Actually, there are two types of mortgage- the fixed rate and adjustable rate mortgage. When we say fixed rate mortgage, the interest rate is constant. The interest rate for adjustable rate mortgage is subject to change for example from monthly to annually.