When we already explained the advantages, are there any downsides of getting a mortgage? In this post, we go through the disadvantages so that you can make a final decision based on your needs. You pay more Probably one of the significant disadvantages is the fact that you will end […]

A mortgage is a type of loan specially designed for buying a home. It can help you buy your dream home without having savings on your account. This method of financing brings so many benefits for you. Buyers are pretty flexible with disturbing the payments over the desired number of […]

This enables you to use your home as security for your loan. The loan amount you’re eligible for depends on the equity you have on the property. However, a major downside is that you stand a chance of losing the property if you don’t go through with the loan payments.

A credit union is a financial cooperative that is run by its own members. There are different types of credit unions to suit a borrower’s needs, whether it be corporate or personal. The public tend to trust credit unions more than they trust the banks, and in many instances, interest rates aren’t as high.