S1 E9 Mortgages

01/12/21 • 25 min

On this weeks episode of the Money Mentor Ken discusses mortgages. How much we can borrow, what it will cost us and how best to prepare when applying for a mortgage.
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Money Mentor - S1 E9 Mortgages

Transcript

Hello, and welcome to the money mentor podcast the podcast for your financial education. I'm your host Ken Mason.
On this week's episode we discuss mortgages. A mortgage is a debt taken out to purchase a property. Usually a home in the context of debt mortgage is the less bad debt because it is secured against an asset that goes up in value long term, we should still view debt as an anchor we want to cut loose from as quickly as possible. mortgage is likely to be one of the biggest financia