Mortgages can be a confusing topic, and it is important to know the answers to some common questions.
First, what credit report do I need when applying for a mortgage?
Generally speaking, lenders will look at your credit report as part of the application process. This credit report is often obtained by one of two main credit reference agencies – Experian or Equifax.
Secondly, how much money should I borrow?
The amount you should borrow depends on several factors including your income and outgoings. It is important not to over-stretch yourself financially and make sure that the mortgage you choose is affordable in the long term. Here at Agentis, we can provide advice on this issue, as well as all other mortgage-related questions.
Finally, what type of mortgage should I choose?
There are a number of different types of mortgages available and choosing the right one depends on your individual circumstances. Agentis can help by researching the whole of the market on your behalf. Checking all fixed-rate and variable-rate mortgages to determine which will most suit your needs. Your credit score, loan term and deposit amount will also be important considerations when selecting a mortgage product.
For more information about obtaining specialist help with mortgages or credit report enquiries please contact Agentis Financial & Mortgage Solutions Limited today. We are dedicated to helping you find the best mortgage for your needs and can provide expert advice on all aspects of mortgages.
