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People get mortgages because most people do not have enough money to purchase a home. They must borrow most of that money from a bank. To get approved for a mortgage the borrower must have a good credit history, have been employed for a substantial period of time, have some savings and have no large debts
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∙ 13y ago
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What is the main reason for bad credit mortgages?
Bad Credit mortgages are for people who do not qualify for traditional mortgages. These tipically have shorter terms with higher interest rates.
Which companies offer mortgages for persons with a bad credit?
There are a few ways for people with bad credit to get mortgages. The following companies offer mortgages for people with bad credit: E-Loan, MortgageCreditProblems, and Ameriquest Mortgage Company.
Can someone with bad credit still obtain mortgages in the UK?
Someone with bad credit can still obtain mortgages in the UK. Some of the companies that offer mortgages for people with bad credit are Alexander Hall and ASAP Mortgages.
How you can sell mortgages?
You cannot sell mortgages. Mortgages are owned by the bank that loaned the money.You cannot sell mortgages. Mortgages are owned by the bank that loaned the money.You cannot sell mortgages. Mortgages are owned by the bank that loaned the money.You cannot sell mortgages. Mortgages are owned by the bank that loaned the money.
How many people have mortgages in the UK?
It is not possible to tell exact number of people that have mortgage in the uk.
Can people get mortgages on their homes in Jacksonville?
You can get mortgages from many places in Jacksonville. Even though the economy is down, banks are striving to give out mortgages to people with good credit scores.
What is the main reason for bad credit mortgages?
Bad Credit mortgages are for people who do not qualify for traditional mortgages. These tipically have shorter terms with higher interest rates.
Which companies offer mortgages for persons with a bad credit?
There are a few ways for people with bad credit to get mortgages. The following companies offer mortgages for people with bad credit: E-Loan, MortgageCreditProblems, and Ameriquest Mortgage Company.
Can someone with bad credit still obtain mortgages in the UK?
Someone with bad credit can still obtain mortgages in the UK. Some of the companies that offer mortgages for people with bad credit are Alexander Hall and ASAP Mortgages.
What types of mortgages are available?
Buy-to-let mortgages are available for people wanting to make a rental income from property. There are also commercial mortgages available for people wanting to purchase a property which will house a business. Normally these mortgages are for properties valued from Σ10,000 to Σ1 million and can be for property such as hotels, restaurants, petrol stations etc. These mortgages will still contain your usual rate offers of fixed rates and tracker mortgages amongst others.
What types of business mortgages are available?
Buy-to-let mortgages are available for people wanting to make a rental income from property. There are also commercial mortgages available for people wanting to purchase a property which will house a business. Normally these mortgages are for properties valued from Σ10,000 to Σ1 million and can be for property such as hotels, restaurants, petrol stations etc. These mortgages will still contain your usual rate offers of fixed rates and tracker mortgages amongst others.
How can people get mortgages if they are self employed?
People can get mortgages if they are self employed by simply applying with any legitimate mortgage company or bank. They are more complicated and one needs to prove their income through tax returns instead of regular stated income methods. 'AMS Mortgages' offer specialist mortgages to the self employed.
What line of business does a trainee mortgage advisor work in?
They work in the business line. They usually help with advising other people's mortgages. They give them information on their mortgages and say possible things that they can do for their mortgages.
Is there a list on the internet including 100 mortgages?
You can find lists of mortgage lenders tailored to fit your individual needs. There are lists for people who need 100% mortgages, reverse mortgages, refinancing, etc.
What is 100 mortgages and what is its purpose?
100 mortgages helps certain people with bad credit to buy a house. You do not have to put down any deposit.
How you can sell mortgages?
You cannot sell mortgages. Mortgages are owned by the bank that loaned the money.You cannot sell mortgages. Mortgages are owned by the bank that loaned the money.You cannot sell mortgages. Mortgages are owned by the bank that loaned the money.You cannot sell mortgages. Mortgages are owned by the bank that loaned the money.
How many mortgages in the UK?
Some common type of mortgage from the UK * Graduate mortgages * Professional mortgages * Guarantor mortgages * Joint mortgages with your parents * High loan-to-value mortgages * Mortgages for friends buying together * 100 per cent loan-to value (LTV) mortgages * Mortgages over 100 per cent loan to value (LTV) * Offset mortgages with your parents * Shared ownership and equity mortgages
