First Time Buyers
Buying a home for the first time can be a daunting prospect.
A loan that one or more persons receive in order to buy a house or other residential property in which they will live. The loan is secured by a lien on the property; the borrowers repay it over a specified period of time. The interest on a residential mortgage is tax deductible under most circumstances.
There’s so many things to think about – and that’s before you’ve even considered the many mortgage products, rates and lenders to choose from. To help you reduce the stress, some important tips are as below: