Purchase Loans Explained
Purchase loans are mostly used in buying homes and for real estate deals. The home purchased is most often first homes. Occasionally the purchase loan can also be used to acquire another home for rental purposes.
Mortgages For Old Timers
With the whole pension fiasco many people are struggling when in their golden years. Releasing the equity from your home can be a good way to supplement your income in retirement. Make sure you use these ten points to avoid the pitfalls.
#1 Make Sure That Equity Release Is Right For You
If you are coming near to retirement or are retired and you are a homeowner you could be eligible for a cash lump sum in the form of an equity release plan. The amount you eligible for wil...
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