Remortgage Loan

A remortgage loan is simply a loan taken out against a property that you own. The property in question could be you house, a shop, or even a non-agricultural piece of land. Remortgage loans are offered by banks and non-banking finance companies. The lender provides you the principal loan amount and charges you an interest on it. You can repay the loan in affordable monthly instalments.

• What is a first-time homebuyer?

  You could qualify for first-time homebuyer benefits even if you’ve owned a home before. There are several programs and benefits that could include low down payment options, down payment assistance, local or state grants and more.

• What are the best first-time homebuyer loans?

  Depending on your home-ownership goals, we have a lot of great remortgage loan options for first-time buyers. Just to name a few, conventional loans can be ideal if you've been saving for a while and have a strong credit score.

• What is the credit score needed to buy a house?

  You don’t need perfect credit to qualify for a remortgage loan, but your credit score is definitely one factor that lenders consider.