Are you looking for information about the mortgage market, its development, forecast and current events? Looking for commentary on current events in the mortgage market? Need an expert’s perspective, illustrative photos or advice? Then you’ve come to the right place.
When approving a mortgage, banks require an estimate of the property’s value. Prepare all the necessary documents before you meet with an appraiser. Find out how a property appraisal works, what documents you can do without and how much you will pay for the appraisal.
There are a number of formalities involved in setting up a mortgage loan. One of them – a very important thing for the bank – is to find out what income the applicant has. The following lines describe what to look out for when declaring income.