How do I qualify for a mortgage?
To get a mortgage from a bank or lender requires you to get a number of things right. Here are the key criteria banks look at when assessing your eligibility for a mortgage. We call it the 3 C's which are Character, Capacity and Collateral. Preparing to get a mortgage If you are paying rent, and have been paying your rent on time with no problems, and have a good repayment history with your landlord, this does not mean the bank will lend you money. Although this will help persuade the bank to lend to you, it does not [...]