Buying a home is one of the biggest financial decisions you will make. When you take out a mortgage, your lender agrees to lend you a sum of money to buy a home and you agree to pay it back. You also pledge (promise) your home as security for the loan. This means that if you fail to pay, the lender could take legal action and repossess the property. In the current market it is quite difficult to secure a mortgage however there are some mortgages being granted, so call Davis Financial Services to discuss your options.
For more information about any type of mortgage call us to discuss the options.
WARNING: If you do not keep up your repayments you may lose your home.