Credas Financial offers mortgage advice to all our clients. Their team of experts researches each deal thoroughly before giving you advice regarding any deal.

Whether you are a first-time buyer or are in search to remortgage your home, Credas Financial are here to help you out. They connect mortgage borrowers with lenders. They aim to make sure you get mortgages at the best possible rates. Mortgage advice includes the following:

• First-time mortgage buyers
• Repayment of mortgage
• Interest-only mortgage advice
• Remortgaging your home advice
• Types of mortgage deals

A piece of mortgage advice is a 4 step process. Each of the steps is handled with care and professionalism. The journey is as follows:

• Compare and Contrast

Your mortgage advisor will provide you with a wide variety of mortgage deals that are out there. They aim to ensure you get a deal at reasonable rates. You can even do this online via their website. You may contact them if you have any queries during the online procedure.

• Check Qualifications

Once you decide on your mortgage deal, it’s time to see whether you qualify. In this process, their consultants will ask you questions about your finances. Nobody wants to get into a deal that brings financial losses. Once your finances are checked, they will tell you whether you qualify. This service may include a credit check to see if the mortgage is affordable.

• Apply for the Mortgage Deal

You may apply for the deal once all the details have been checked. You may ask your advisor to provide you with available forms for each deal; you may do so if you like. The form can even be filled in person or by phone call via an appointment. If the application requires assistance, then you may contact them whenever.

• Track your Application

Once you apply for the application, you may ask your advisor to check the status of your application whenever you want. They will also appoint a case manager to do the legwork for you.

When a house is purchased, and you need a mortgage, the lender commissions a mortgage valuation. The mortgage valuation aims to check whether the value added to your property is fair. It contains the security of your property, whether it is defective or not. They are carried out via surveys that check the lender’s details.

The mortgage valuation is a slight inspection of the property. As a result, many lenders do not provide a mortgage valuation for fear that it may limit their value. When actually, the truth is that it only strengthens it even more.

What happens after a Mortgage Valuation?

After the mortgage valuation, the surveyor decides the property’s value to your mortgage lender. If the survey suggests a higher price than the property’s actual worth, then the owner receives a “down valuation.’ However, if the surveyor agrees, then the lender will offer the loan which has been requested.

Why should a Down Valuation matter to you?

A down valuation can lead to a decrease in the expected loan. It could ruin your entire deal and even make you lose the actual worth of your property.

How can a Down Valuation be avoided?

1. Research: You must research the property’s value you want to sell. It would be best to look at the rates in the market in your area.
2. Set a Realistic Price: Your research will give you a good idea of what to do. Make sure you set up a worthy price.
3. Consult Experts: If you are new to this, you should consult with experts. You can check your rates with local agents to get confirmation on the prices being set.
4. Check your lender: Knowing your lender and their expectations is best before making any deal. You must check what property value your lender has on their file.

How can Credas Financial help?

At Credas Financial, a team of professionals handles the mortgage valuation report. They ensure every detail is added to your mortgage valuation to make your property look even more attractive. They will also help you with the following:

• They will provide a team equipped to make an accurate mortgage valuation report.
• They will connect you with experienced lenders who know what they are doing.
• They will provide you with all the information you need regarding the deal.