Residential Mortgage

Congratulations!

You’ve made the right decision to enter the world of house ownership. This will be one of the most significant and remarkable event in your life. In order to buy a house, you would need a mortgage.

Let us first understand what is Mortgage!!

A mortgage is a Loan given by a Bank, mortgage company or any financial institution for the purchase of a physical property which is either a primary residence, a secondary residence, or an investment residence or a piece of commercial /industrial property. In a home mortgage, the borrower who is the owner of the property transfers the title to the lender on the condition that the title will be transferred back to the owner once the final loan payment has been made and other terms of the mortgage have been met.

Many of us think that mortgage is just about taking a loan from a financial institution to buy a property. However, in reality, it is not just a Loan. In actual, the amount you are borrowing or will potentially borrow is your commitment to the lender that you will pay them on agreed upon terms. Failure of making payment as agreed will without a doubt will hurt your credit ratings which will further reduce your chances of borrowing in future. All the lenders will look at your credit history to determine if you will be able to repay the loan you are seeking. In simple words, you may not be able to get any further credit or they lenders won’t lend money at reasonable interest rates.

Purchasing your first house involves a wide range of emotions, excitement, apprehension, and pride. It is impossible to overestimate how thrilling it is to find and secure your dream home. However, there is a lot to be learned in the process. We at Lending Tree work to make the financial side of buying your home as simple as possible. We’re here to help you locate the perfect financial institutions that can help you with your hassle free mortgage process. We are a team of credible professionals, with our expertise in this industry we would customize your mortgage options and assist you with targeted advice that would suit your current financial situation.

As a company, Lending Tree strives to make the home-buying process as easy and enjoyable as possible. We have mortgage options for everyone, no matter where they are in life. Our mortgage professionals are here to help you with a range of options, flexibility, and competitive rates, whether you’re purchasing your first home, upsizing, downsizing, or refinancing.

We’ll assist you in financing the ideal home; all you have to do now is make it your own.