I was thinking about renovating my house. I had been planning it for a while but I never had enough time for it. Now I am in pension, and I have all the time I want. That is why I would like to apply for a mortgage in order to do a proper job on my house. To be honest I need mortgage because I cannot afford it otherwise. What do you think about my chances for a mortgage?
Different mortgages companies provide people with all kids of mortgages. They have different terms and regulations. Maybe you will have some hard time finding a good deal since you are pensioner, but that does not mean you will not find it at all. The best thing you should do is to contact your mortgage broker and consult with him or her about your possibilities.