Types Of Mortgage

Buying a home is one of the biggest commitments you will ever undertake. So choosing your mortgage does take thought. Take some time to consider what mortgage is right for you? After all it's your money you will be spending so, I would recommend utilizing it in the best way possible. The kinds of mortgage available to you There are thousands of different mortgages on the market at the moment, all offering something different, something similar but essentially offering one of two types: * Repayment and Interest, with a repayment and interest mortgage you (the lender) you will have to payback the specified mortgage amount plus the interest in a specified time. For example if you borrowed