Monday, October 29, 2007

Money Magic Mortgages

Whats are Remortgages? A re-mortgage (also known as refinancing) is the process of paying off one mortgage with the proceeds from a new mortgage using the same property as security. The term is mainly used commercially in the United Kingdom, though what it describes is not uniquely British.

I came across this website (Money Magic Mortgages) that provides lot of mortgage options. They have First time buyer mortgages, Re-Mortgages, commercial mortgages, international mortgages and many more. The process of remortgaging does not usually involve moving home or taking out a second mortgage on the property; it is in effect the transfer of a mortgage from one lender to another. Here in this website they have given a lot of information about Re-Mortgages. And what I like about this website is that they have a section where you could do an enquiry about various mortgage options have have. If you have mortgage in mind, check this site out.

0 Comments:

Post a Comment

<< Home