When buying a house with a housing loan, you may come across some terms that may seem confusing at first. If you have already started the process and the bank has given you a document called FINE, know its purpose and how to analyze it.
Are you going to apply for a mortgage to buy your home? Know that, throughout the process, you may come across expressions that can be confusing. We have prepared a glossary about mortgage credit to help you know everything.
In order to analyze the risk level for a mortgage loan, the bank requires certain documents from the proposed holders. Let's see what documentation is necessary to submit to the bank for the mortgage loan, and how to choose the appropriate bank.