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ZoeHillo
12-08-2021, 05:07 AM
Why do people take mortgages?

BrandoWilson
12-09-2021, 01:59 AM
Because there is probably no money.

ZoeTirs
12-09-2021, 02:10 AM
A mortgage does not always mean that there is no money. Sometimes it's just more expedient to take out a mortgage than to give all the money at once to buy real estate.
My friend is a very wealthy man, he has money, but he also took out a mortgage more than once. The thing is that the real estate he wanted to buy costs a lot, and all his money is invested in the business and makes a profit.
If you are interested in mortgage lending, then consult Mortgage Broker Leeds (https://leedsmoneyman.com/). I think you really need professional advice.