Requirements to apply for a mortgage

A mortgage or home loan is a long-term loan that you make with a financial institution. Whether you decide to do it with a Bank or with a Financial Company, it is important that you consider what this means.

Some of the requirements are: being of legal age, having a fixed income and being the subject of a financial study.

Before you sign, check with different lenders. Be sure to choose the best option for you. Take into account the monthly fees, the appraisal and the deals offered by the different financial entities.