How Much Can I Borrow Mortgage | About Mortgages PDF Print E-mail

How Much Can I Borrow Mortgage | About Mortgages

Look through as much information as you can find about mortgages so that you are fully informed before making a decision.


Getting a mortgage.

The amount of money that you can borrow on a mortgage will depend on the value of the property that you are trying to buy. The bank will usually make you a mortgage offer based on a percentage of the property’s value. The days of 100% mortgages are history and offers today are typically around 90% of the purchase price. However the larger the deposit you can raise then the better interest rate you will be offered.

 

 

Last Updated on Wednesday, 09 February 2011 09:48