Tuesday, 22 March 2016

5 Compelling Reasons to Go For Loan against Mortgage in California

Whether you have been thinking of buying your first house or an additional house, it would be advisable to finally do it using loan against mortgage in California. BGK investments, led by Ben Keisari, give you five amazing reasons why.
Loan against mortgage can be cheaper than rent 
Property rents have been steadily increasing. In many places, the monthly rent is higher than the monthly mortgage payment. Making a mortgage payment is an investment into your equity towards your home while a rental payment is not. Ben Keisari says that at the end of all those payments, there would be nothing better than to call that place your own.
California real estate prices 
Real estate prices are rising but they are still quite lower than they were at the peak of the housing boom back in 2006. So it makes complete sense to buy your own house with a loan against mortgage than paying rent in California, BGK Investments tell us.
Interest rates are low for all types of mortgages
Whether you’re looking for a loan against mortgage at a fixed-rate or an adjustable rate, the interest rates favor it. Lower property prices and loan against mortgage interest rates in California make getting a loan better than renting a house.
Low down payment with loan against mortgage loan 
With some restrictions, you can get a loan against mortgage with a down payment in California. Experienced mortgage brokers, such as Ben Keisari led BGK Investments can help you get a great deal on your house.
Buying a house is a great investment
Real estate has proven to be a great long-term investment. Real estate market keeps changing, so it would be wise to get a loan against mortgage in California and buy while the conditions are in your favor. Ask your California mortgage expert, Ben Keisari at BGK Investments for great loan options.