Mortgages

Mortgages

How Life Insurance Protects a Remortgage?

Reasons to Use a Remortgage A remortgage is a mortgage used to pay off your current mortgage and is something that everyone should consider during their mortgage repayment period. But why? The first reason to use remortgage is to save money. Because mortgages are usually for a long period, a […]

Mortgages

Who Are the Largest CMBS Lenders?

Fixed-income investment instruments secured by mortgages on business properties instead of residential property are known as commercial mortgage-backed securities (CMBS). Property investors and business leaders alike can benefit from CMBS. However, the appraisal of CMBS can be problematic since there are no norms for standardization in their forms. For example, […]

Mortgages

What Happens When a Mortgage Goes to Underwriting?

Underwriting is the structured process by which financial institutions like banks and lenders determine and price the risk posed by potential borrowers in repaying a mortgage loan. Essentially, it is a systematic and detailed analysis of a borrower’s creditworthiness. The mortgage underwriting process consists of many stages from information gathering […]

Mortgages

How to Become a Mortgage Broker in NZ

What does a Mortgage Broker do? Mortgage brokers are professionals who assist people in purchasing a house or property. Among the many services they provide to a buyer, the mortgage broker will assess their client’s financial situation, discuss their goals, explain the requirements necessary to help achieve the goal, and […]