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How to find a good mortgage loan broker?

Mortgage broker to redeem your loan

Mortgage broker to redeem your loan

The profession of mortgage broker is not yet known to everyone, and yet it is a necessary service the day you want to take out a loan to buy real estate! He is a professional, who competes with many banks among themselves in order to obtain the best financing offer on the market.

On the other hand, if you bought a property a few months or years ago and the current rates have dropped significantly, you will also need to contact a mortgage broker to redeem your loan and benefit from it. a better rate. The sole objective of this professional: to save you money and ensure that you benefit from the best possible conditions for your loan!

But how and above all where do you find this brokerage professional?

But how and above all where do you find this brokerage professional?

As in any specific situation where you are looking for a professional (whether a painter, a site manager, a dentist …), you are not sure where to start but one thing is certain, you want to make sure to come across the right person!
Several options are available to you: you can search the internet for a mortgage broker in Paris or in the Paris region. Unfortunately, you will come across many proposals, with fairly equivalent presentations, thus not allowing you to make a choice.

Then, you will try word-of-mouth (certainly the safest): your entourage, friends or families, may have already used this type of service and can then recommend a broker in a mortgage that they already know and in which they have complete confidence! It is always reassuring to know that a person you know has been satisfied by a professional.
If unfortunately you do not find around you or conversely, you have been advised not to go through such and such a broker, you may then end up looking near your home or your workplace! There too, it is quit or double!
Anyway we will be there to receive you but know in advance that all of the customers who have used the service of Lite Lender, have recommended this mortgage broker to their entourage!

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Car loan despite credit

Some consumers pay off a loan when they need a new car. What needs to be considered when financing a new car despite an ongoing loan?

Borrowing from existing loans

Borrowing from existing loans

In principle, it is possible to borrow again despite existing loans. The new lender compares the total of the monthly charges with the disposable household income. If the result indicates that proper repayment is guaranteed, there is nothing standing in the way of a new car loan despite a loan. Dealer banks obviously make the necessary assessments differently than commercial banks and more often come to the conclusion that financing the car purchase is possible.

The interest of the bank belonging to the vehicle manufacturer’s group in good sales figures certainly contributes to this. Consumer loans are particularly critical when it comes to borrowing new vehicles, while existing real estate financing is not an obstacle to vehicle loans due to rent savings.

Influence the credit decision with the loan structure

Pay attention to alternativesPay attention to alternatives

If the traditional form of car financing is not possible due to an existing loan, alternatives are available. The vehicle buyer can agree on partial financing of the car and a final installment to be paid later. This reduces the loan amount. At the end of the contract and the due date of the final installment, he agrees a date on which the existing loan will be repaid so that it is easy to take out a new loan for the final payment.

A variant of vehicle financing with a final installment is three-way financing. In this case, the buyer can choose to pay or finance the final installment or return the car at the end of the term. Despite a loan, it can only be used for a car loan to a limited extent, because in addition to the loan amount, the term of the loan is also reduced, so that the loan rates are only marginally lower than if the car was fully financed.

Pay attention to alternatives

Pay attention to alternatives

Anyone who needs a car loan despite a loan can obtain approval for the loan by choosing a vehicle other than the one originally intended. A cheaper car compared to the favorite model significantly reduces the loan amount. Demonstration vehicles and vehicles with day registrations used by the dealer were only moved a few kilometers, so that despite their formal validity as used vehicles, they have the quality of a new vehicle. Annual cars were driven by employees for about a year.

They may have an unusually high mileage for the short period of use, but they have been cared for reliably and, thanks to their attractive price, represent an alternative to a new car. Special offers are another way of reducing the monthly charge on car loans. Interest-free or extremely cheaply financed vehicles are mostly discontinued models and later only achieve low used car prices.