What are Mortgages?

What are Mortgages?

A mortgage is a loan that a bank or other financial institution provides to help you buy a home. The home that you purchase with the mortgage is used as collateral to secure the loan. This means that if you default on your mortgage payments, the lender can foreclose on your home. Which differs from … Read more

Housing in Denmark

rent house denmark

One thing that stands out in Denmark is the rare cases of  homelessness. Again, the social system and various job opportunities available in the country makes it easy for everyone to have an opportunity to live a decent life. When you move to Denmark, housing should be the first thing on your priority list. Rarely … Read more

Probing the loan market in Norway

Loan money norway

The loan market in Norway is saturated with offers, but we can divide the market into different segments. The banks usually specialize in the various products. Still, this doesn’t mean you can’t find a bank offering one or all of them, though it might have an impact on advantages as we see with credit cards … Read more

How to get approval for a mortgage in Scandinavia?

mortgage - scandinavia

In Scandinavia, it`s a strong culture of owning your own home but it might be tough for new citizens to get approval for a loan. The reason is that the banks are very regulated from the equivalent to the SEC after the financial crisis in 2007. Scandinavia navigated through the financial crisis but has since … Read more