Appraising your Condo

A buy-to-let or buy to rent mortgage is a type of mortgage specifically for properties that are owned or purchased with the intention of renting them out. They’re often set up on an interest-only basis, which means you only make monthly interest payments each month. The outstanding loan balance – i.e. the amount you borrow – doesn’t reduce and is paid back at the end of the mortgage term via a suitable repayment vehicle, usually the sale of the property.

Why Is Finding The Right Buy-To-Let Deal Essential? 

Buy-to-let mortgages are designed for people who want to buy a property and rent it out rather than live in it themselves. It’s an investment. Therefore finding the right buy-to-let deal is critical if you want to make the most of your financial venture – otherwise, what’s the point?

As an independent mortgage broker with over 24 years of experience, we’re perfectly placed to advise you and find a mortgage that matches your property needs. MyPad has access to the whole market and we’re experienced in finding the most suitable mortgage product for less conventional situations. Contact our experts today to get the right deal for you at stay@mypad.com.ph.

First Time Buyer

Buying your first home should be enjoyable – not an ordeal. It’s easy to see why some people can feel overwhelmed by securing a mortgage. There are many different terms thrown at you from the second you start looking at mortgages – repayment mortgage, fixed rate, standard variable rate, etc. – not to mention the fact that you might not know much about the property buying process in general.

You don’t have to figure it all out by yourself. Not only do we find you the best mortgage deal for your situation, we explain the different mortgage options available to you as a first-time buyer and assist you at every stage of your home buying journey.

Unsure whether or not you’re eligible as a first-time buyer? It isn’t always as simple as you might expect. Want to find a great deal for first home buy using a MyPad mortgage adviser who is experienced in first-time buyer mortgages in the Philippines. To discuss with a MyPad appraisal advisor please email us on MyPad and we will arrange a call or a personal meeting to discuss the value of your property.