Begin by providing essential information, such as your credit score, down payment amount, and desired loan duration.
MoneyMegaMarket swiftly processes your information and connects you with a broker who provides you comparison between numerous rates.
The rates are presented in an easy-to-understand format, allowing you to compare crucial details side by side.
Armed with comprehensive information, you can confidently select the mortgage offer that aligns with your financial goals.
Residential purchases typically cover a significant portion of the property's purchase price, making homeownership more accessible.
These mortgages offer competitive interest rates, which can be either fixed or adjustable. Fixed rates provide stability, while adjustable rates may offer lower initial payments.
The down payment requirement varies but is generally lower compared to other mortgage types.
Residential purchase loans come with various term lengths, commonly 15 or 30 years. The choice depends on the borrower's financial situation and long-term plans..