Types of Mortgages
When choosing the type of mortgage loan to buy a home, you should also take into account how much income will be received over a long period, for example:
* If you think that income will increase over time for job improvements, it would be advisable to take a loan where you make small payments at the beginning and then they can grow.
* If you think that the income is going to stay the same or could even go down, it is best to secure a loan with payments that will not go up over time and be certain in interest rates.
* Another important aspect is to define whether the condition of the work is entitled to a credit of those granted by INFONAVIT or FOVISSSTE for workers who are listed on the IMSS or ISSSTE.
Labor rights allow a credit of these institutions and in many cases are cheaper credits than those of any intermediary operating in the market.
Home »
»
By Unknown 21:32
Related Posts:
Admission of the unilateral mortgage Admission of the unilateral mortgage The admission of the unilateral mortgage was consecrated by the current Mortgage Law (LH) which in article 141, among the voluntary mortgages, cites the one constituted by unilateral act… Read More
Notes on the reverse mortgage Notes on the reverse mortgage It is not about explaining in depth what is a reverse mortgage, nor its advantages and disadvantages. Perhaps it would be best to read the article of the Ministry of Labor with the title Re… Read More
How a real mortgage works How a real mortgage works A mortgage loan consists of receiving a certain amount of money -capital- from a bank in exchange for the commitment to return said amount, plus the corresponding interest -based on the interest r… Read More
How a mortgage loan works How a mortgage loan works When deciding to buy a house or apartment, many people wonder how a mortgage works, what steps are necessary to formalize it and to choose the best option, because this is the financial tool that … Read More
Notas comunes de las hipotecas mobiliarias Common mortgages notes The most perfect description of the mortgaged property is required The title of acquisition and state of charges must be indicated. Recalls the Resolution of the DGRN of April 2, 2013, [j 1] that the… Read More