Advantage of mortgages

[Victor001]

Mortgage is good and important if the need to be handled can benefit double of the mortgage value, mortgage is funds needed to settling urgent wants.

 

[Ziki]

Mortgage is a loan given by mortgage bank to an individual so as that individual can own a home. It can pay for upto 80% of the total value of the house.
Now from these, what do you think is the benefits of mortgage to the real estate business?

Mortgage usually help a lot of persons to actually acquire their own personal building. But it comes at a risk because you might lose the house if you fail to pay the mortgage after a certain time.

 

[joy101]

I think there is a lot of benefit in getting such, because mortgage is very beneficial mostly especially when you are home owner, and also when you have source of income.

 

[QalabDogar1906]

Mortgage is a loan given by mortgage bank to an individual so as that individual can own a home. It can pay for upto 80% of the total value of the house.
Now from these, what do you think is the benefits of mortgage to the real estate business?

I think mortgage is a loan which is given by any bank to their user's for starting any kind of business and I also have a question about cryptocurrency we are a go for tomorrow morning training and the other one is important that we are going out to dinner.

 

[Eodine]

One major benefit you will hear a lot of people say is that it they are now home owners and can now have freedom and pay less bills because of the high rent and bill payment in rented houses.

 

[Kelly5]

Mortgage is very good and also very helpful. With mortgage, you can still go about running other businesses of yours and investing into them since you're not paying all at once you mortgage

 

[Setfragil]

The advantages of mortgages to real estate cannot be overemphasized. Mortgage banks some times partners with real estate developers to help them with loan to build housing estate after agreeing on profits sharing ratio between the two parties. Mortgages makes projects easier for real estate managers.

 

[Fozzy_boy]

A mortgage is a cost-effective way of borrowing:
Interest rates on mortgages tend to be lower than any other form of borrowing because the loan is secured against your property

I see a mortgage will really serve as a good means for a real estate investor. Since the interest rate from the mortgage is even small

 

[Setho]

I think mortgages are a very good initiative to allow the upcoming population to be able to afford a house. It is even better if the terms if he repayment are fair enough.

 

[ahmedo24]

I think mortgages are a very good initiative to allow the upcoming population to be able to afford a house. It is even better if the terms if he repayment are fair enough.

It is very very good because it's convenient and the beneficiaries can achieve a lot of things why they are still paying back the mortgage but it unfortunate that in my country it is not functioning as is to supposed to.

 

[Ray]

90% of homes are being sold financed by various financial institutes and the way the margin money and interest rates getting reduced has made buying a house, second home, or investment property too easy and within reach of almost everyone with a steady income. In some countries and in some cases the margin money could be as low as 5% (for first home buyers) and @3-3.5% interest for a 30 years term. A person living on rent would never hesitate to grab such offers.

 

[Robust]

The advantages of mortgage are as follows: cost effective, less interest rate, helps in affording a house, good investment opportunity, leverage and security.

 

[Setho]

Mortgages form a very important part of human ability to acquire property because it would take a lot of people so long before they save enough to build a house so mortgage us the way.

 

[Queentener]

Mortgage is a loan given by mortgage bank to an individual so as that individual can own a home. It can pay for upto 80% of the total value of the house.
Now from these, what do you think is the benefits of mortgage to the real estate business?

If a real estate company can be given mortgage loan I feel it's a very big achievement for them because I get to be back little by little and in the process of them selling they make more than hundred percent of their capital.

 

[Setfragil]

I think mortgages are a very good initiative to allow the upcoming population to be able to afford a house. It is even better if the terms if he repayment are fair enough.

You are right. Mortgages helps people to be able to afford a house especially those people with low income who never thought that they could ever build a house in their lifetime can build one.

 

[Lens]

Mortgage loan help the low income earners to acquire the house of their dream. Mortgage loan helps the reactor in the area of sales . The more mortgage loans issued to people, the more the sales of properties by the reactor. I don't think such loan is effective in my country

 

[eLdavis]

If you are a tenant in some cities where renting a house is so expensive you will appreciate mortgage loan because unlike renting that after payment of huge sums the house is still not yours, in mortgage loans after paying instalmentally the house automatically becomes yours.

This it true, with mortgage you can pay based on agreement, to upset the loan between a particular time and the best part is that the time period can even be extended to serve for years, which would allow the person to focus on other areas, such as the business or rasing money not just to pay but also to survive

 

[Richard92]

Mortgage is very beneficial especially home mortgages, imagine you been a home owner within a little space of time especially when you have a steady source of income that will help you pay off your mortgage in no time.

1 importance of mortgage is that it's up to you to get your dream property without stress because you pay is too mentally from your monthly salary.

 

[Kunkun]

Mortgage banks have been helping people become landlords and that's has been the major advantage because have shelter with less worries even increases productivity

 

[Ceeny007]

It's really cool stuff for those living in first world countries with database that can be traced,in 3rd world countries such schemes don't exist.