Four things to remember when getting a mortgage

If you are looking to apply for a mortgage this year then there are four things to remember when getting a mortgage.

✔️Check out your credit score: If you have a good score then you are more likely to be approved for a mortgage that has good terms and conditions.

✔️Sit down and work out your budget: Make sure you know your finances and you have the extra money you need over and above the mortgage required for the property.

✔️Have proof of income: When applying for a mortgage it’s crucial you can prove what you earn so that you can illustrate you can comfortably make the repayments.

✔️Get professional help: If you can then please consult a mortgage broker or advisor as they will guide you through the whole process which will mean a huge weight being lifted from your shoulders.

Now that you have read through our four things to remember when getting a mortgage, are you mortgage ready?

If you would like any advice on applying for a mortgage then please get in touch today!

Your home may be repossessed if you do not keep up repayments on your mortgage.

There may be a fee for mortgage advice.

The actual amount you pay will depend upon your circumstances

What to bring with you to your mortgage appointment

You should bring any information regarding the kind of property you intend to purchase, as well as documentation of your identification, income, and residence history. While your lender may ask you many questions, be ready with some of your own to make sure you comprehend the procedure completely.