One of the most painstaking aspects of buying a house is deciding on a mortgage to get. With so many options out there, it is difficult to decide on which mortgage type is best for your needs. Should you get an interest only mortgage or a repayment mortgage? Should you get a fixed rate mortgage or a variable rate mortgage? Should you pay an upfront product fee in rerun for a lower starting interest rate? These questions can be daunting especially for people looking to buy their first house.
Thankfully, there is a website that I have recently come across that can help home buyers with all their mortgage needs. Habito is an online mortgage advisor that helps guide clients through all the necessary steps in applying for a mortgage. By using Habito, home buyers are able to get the best mortgages that suits them. And the best part is, habit is totally FREE to use!
Getting the right mortgage using Habito is simple and quick. The technology that underlines the platform allows them to analyse every mortgage deal from over 100 lenders in seconds. They’ll find the best match for you and help you make your application online in less than 30 minutes.
There are three steps to the mortgage application process:
1. Input your details -Habito can give you an idea of what you could borrow (or save, if you already have a mortgage) in just a few clicks. No hidden charges, no credit checks.
2. Apply in minutes -No paperwork, no waiting on hold. Habito is 100% online. If you’re ready to go, sign up and habito and will ask you for a few personal details to get going on your mortgage application.
3. Habito process your mortgage – Once Habito has your details and you tell them you’re happy, Habito will manage your entire mortgage application from start to finish. You can relax.
It really is that simple. So if you are currently looking for a mortgage, or looking to remortgage, I would recommend the site as it is completely free. You have nothing to lose.