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can you explain breifly mortga

can you explain breifly mortga

can you explain breifly mortgage cycle


Anonymous's picture
Anonymous (not verified)
9-12-2010

2 Answers
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1
As far as I know, mortgage cycling is a loan repayment strategy which will help reduce the length of the home loan. It will also save significant amounts of money through a reduction in lowering of interest payments.

adonis | Asked on 2011-09-28


1
Hey guest, A mortgage is a loan you would take out to buy property. Most banks offer mortgages, as well as a mortgage lending companies. If you change lenders but don't move from the house, it's referred to as a remortgage. Best Regards, Pete Kolackovsky http://www.mortgage-calgary.com

adonis | Asked on 2011-09-28

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