Mortgage Knowledgebase

A mortgage is a loan taken out to purchase a home, land or other property. Most loans run for 25 years but the term can be shorter or longer. A mortgage loan holds your house and land as collateral. Getting a mortgage is probably the most important financial decision you will ever make. You can apply for a mortgage directly from a bank or building society, choosing from their product range.

Understanding mortgage rates and how they relate to mortgage terms and interest is critical to making the best mortgage decision. And the other important part in choosing a loan that best fits your needs is to evaluate your finances and choose the best type of loan that fits your unique requirements.

Go through the articles on left to learn about the home loan process before applying for a mortgage. Our comprehensive set of mortgage educators are great to learn about mortgages, loans and related areas.