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MORTAGE GUIDE

MORTGAGE: A MORTGAGE represents a loan or lien on a property that has to be paid over a specified period of time. Mortgages come in many different shapes and sizes, each with its own advantages and disadvantages. Make sure you select the mortgage that is right for you, your future plans, and your financial picture. Mortgage provides you with accurate and clear information about mortgages and how to negotiate mortgages with confidence and helps you navigate the maze of mortgage mumbo jumbo, as well as give you the inside scoop.

 

MORTAGE BROKER: A mortgage broker acts as an intermediary who sells mortgage loans on behalf of individuals or businesses.

TASK OF MORTGAGE BROKER: Banks' activities can be divided into retail banking, dealing directly with individuals and small businesses; business banking, providing services to mid-market business; corporate banking, directed at large business entities; private banking, providing wealth management services to High Net Worth Individuals and families; and investment banking, relating to activities on the financial markets.

The following tasks are undertaken:

1.Marketing to attract clients

2.Assessment of the borrowers circumstances

3.Assessing the market to find a mortgage product that fits the clients needs

4.Applying for a lenders agreement in principle

5.Gathering all needed documents

6.Completing a lender application form.

7.Explaining the legal disclosures

8.Submitting all material to the lender




MORTGAGE INDUSTRY:
 

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Mortgage for Beginners
Mortgage for Beginners
With news, quotes and rates, tips on dealing with brokers and lenders, a glossary, refinance advice, information on fixed and adjustable-rate mortgages (ARMs), home equity loans, refinancing, second and reverse mortgages, mortgage calculators, and more.

Mortgage Industry News
An ove rview o f th e la test news rela ti ng t o th e mo rtgage i ndustry, u pda ted daily.
Mortgage Rates
Th e la test mo rtgage ra tes, u pda ted daily.
Home Equity Loan Rates
Th e la test home equi ty loa ra tes, u pda ted daily.
Mortgage Basics
Understa nd th e ba sic termi n ology o f mo rtgages: pri ncipal, i nterest, term a nd amo rtiza tio n. Fi nd ou t h ow much mo ney yo u ca n a nd should bo rrow.
Fixed and Adjustable Mortgage Rates
Learn abo ut fixed-ra te mo rtgages a nd adj us table-ra te mo rtgages o r ARMs. Understa nd th e pros a nd co ns o f ea ch mo rtgage type.
Home Equity Loans
Learn abo ut home equi ty loas. See h ow th ey ar e us ed, a nd fi nd ou t wha t th e speci fic advatages a nd disadvatages o f a home equi ty loa ar e.


COUNTRY MORTGAGE:
INDIA MORTGAGE INDUSTRY:

MORTGAGE INDUSTRY: Mortgage industry which has flourished the world's housing market is simply meant as a process by which the individual and the business can purchase the residential and the commercial property without paying the total value.

COUNTRY MORTGAGE:

• Singapore Mortgage

• Japan Mortgage

• China Mortgage

• Germany Mortgage

• Europe Mortgage

• Switzerland Mortgage

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