5 Reasons why you don’t qualify for a mortgage

General Krishna Menon 14 May

5 REASONS WHY YOU DON’T QUALIFY FOR A MORTGAGE It’s not just because of finances. As a mortgage broker I receive calls from people who want to know how to qualify for a mortgage. Most of the time it comes down to finances but there are other reasons as well. Here are the 5 most […]

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The Mortgage Refinance Process Explained

Mortgage Refinancing Krishna Menon 17 Jul

Mortgage refinance is a process through which a person can change the terms and scheme of their plan. This can be done at any point during the term of the mortgage. There are three reasons to consider refinance: • Take advantage of low rates • To consolidate debt and change your financial status • To […]

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5 Things to Look For In A Mortgage Agent

General Krishna Menon 9 Jul

A mortgage agent could help you change the way your current plan and rates look. Better rates, better plans, better terms. Everything is better with a mortgage agent. If you are buying a mortgage for the first time or the tenth time, it is still going to be a complex process which requires a lot […]

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What to Do If your Mortgage Renewal Is Denied

Mortgage Tips Krishna Menon 18 Jun

When you take a mortgage against a property or any other collateral, you are provided with a fixed term within which you are expected to pay the amount of your mortgage. During this time, you can choose to stay with the lender you are currently working with or you can even opt for another lender. […]

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5 Reasons your Self Employed Mortgage was Denied

Mortgage Tips Krishna Menon 21 May

Self-employed mortgages are obtained by people who have businesses of their own. This type of mortgage is already tough to obtain the income may not be what a normal employee may be able to guarantee. There may have been cases where your self-employed mortgage claim may have been denied. Here are the top five reasons […]

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Why Mortgage Refinances Are Essential To Any Mortgage Holder

Mortgage Refinancing Krishna Menon 23 Apr

Mortgage Refinance refers to the refinancing of a mortgage at the end of its term or amidst the mortgage period. As it literally means, mortgage refinance offers the mortgage holder the benefit of extending the mortgage period through refinancing the mortgage with a new mortgage, technically. Mortgage refinance helps the mortgage holder to enhance his […]

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How Is Home Equity A Double Edged Sword

General Krishna Menon 15 Apr

Home equity is the value of your property in which you have the only interest and none else is a part of the home’s that market value. So, you can come to the conclusion that home equity is the market value of your property subtracted from the total value of your property on which a […]

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Important details of Mortgage Refinancing

Mortgage Refinancing Krishna Menon 26 Mar

Some mistake mortgage refinancing for a second mortgage, however, they are not the same. A second mortgage is notwithstanding your first mortgage and does not supplant it. Mortgage refinancing will give new cash to the borrower, and used to pay off the first mortgage, as a rule with better mortgage terms. A mortgage is a […]

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