Home loan

What buyers should know

To qualify for a mortgage, you usually need to meet certain conditions. On the one hand, you will need: A sufficiently strong credit rating A reasonable and not excessive level of existing debt A stable job Funds for a down payment Many mortgage lenders have tightened their borrowing requirements during …

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How home hacking cuts your living expenses

Home hacking strategy in 7 steps Want to reap the benefits of home hacking? Here are the steps you will need to take to implement this strategy in your own life. 1. Choose the type of opportunity Home hacking comes in all shapes and sizes – there is no one-size-fits-all …

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Family pays off 25-year mortgage in 6 years

Without a radical change of course, John and Sandra Alpe would still have 19 years to pay off their mortgage. Instead, they are happily retired, living mortgage-free in their five-bedroom Auckland home, surrounded by a growing herd of grandchildren for whom they have all the time in the world. John, …

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Women Used Larger Home Loans in FY21: Report

Indian women resorted to larger home loans in FY21 amid pandemic, report says Mortgage refinancing in 2021 by BankBazaar.com, an online marketplace for financial products. The report states that the average note size among female borrowers increased by 7.4% in fiscal year 21. This increase may be the result of …

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