Landmark Financial Group

You are buying property for the first time, and you have made an appointment to see a loan broker. But, what is the most essential information that you need to know first? There are many terms from mortgage broker rates and contracts that you need to know about. Not everyone is familiar with these terms, and this can be hard to understand if you don’t know what it means. This is why we are explaining all the essential terms that a mortgage broker will use. To make sure that you know what you are reading and signing.  What is a mortgage broker? First of all, what is a mortgage broker ? You might struggle to get your mortgage loan approved because you are trying to do it all by yourself. And, this is just because you don’t know what a mortgage broker is. A broker is someone that assists you with getting an approved mortgage loan. Meaning, that they are applying for a loan on your behalf. You just need to fill in an application form once, and they will do the rest. Make sure that you ...

For many people, it comes to the point in your life when it’s time to move into your own home. For most this is a one of the biggest financial decisions of our lives so it’s important to weight up the options and see what’s right for you. Benefits of Buying Buying a home can come with many benefits, one of the most obvious being once you have paid off your mortgage, you will own the house. It’s important to consider the benefits of either buying or renting a property before you make that crucial decision. Other benefits of buying property include: No landlord who could make you move Buying is cheaper than renting (in the long run) You could make a profit on your home if house prices increase and you decide to sell. You can renovate to increase the properties value If you want to figure out how much mortgage you can afford to pay, check out our handy  Mortgage Calculator Here>> Benefits of Renting Although there are certainly many benefits buying a home, there are positives of...