5 Things Most Investors Don't Know About Mortgages

I‘m always on the lookout for articles with the potential to positively change a business. What’s your take on the following points I came across recently?

Five key insights to demystify the dark world of mortgages.

1. Mortgages are a tool for wealth creation 

People invest in property for a variety of reasons but primarily it’s a wealth creation tool. They buy property on the basis that it will go up in value.

In order to do that they need a mortgage, and their appetite towards finance will vary depending on how they are sitting with their portfolio at any point in time.

2. Mortgages create opportunity 

The first deposit you put down on a property becomes the first step towards retirement, because equity is going to grow from there.

And from equity comes opportunity.

The way to get more equity is to pay down the mortgage to maximise the property’s natural capital gain. This allows you to access the equity to leverage into other assets.

I’d be really interested to know your opinion. Check out the full article here and then I’d be happy to discuss with you by phone (0400) 032-110 or email [email protected]

Thanks,

Bill Mitchell