With so many things to choose from, it can be hard to find the perfect mortgage for you and your family.

In this article, we will help you understand the basics you should know so you can quickly look for the deals that are the right deal for you.It is essential to choose the type of mortgage very carefully, make sure you have lien protection for your mortgage.

You have to understand all of your options before selecting since the right kind of mortgage can help you in the future.To help you, here are all kinds of mortgages that you can choose from.Loan to ValuesOften, when you are looking for a mortgage, you will see the ‘LTV’ acronym mentioned a lot of times with a percentage just shown below.

The rest is the amount you should put down.

A 90% LTV mortgage means that you can only borrow 90% of the property’s value.

If a mortgage has around 60%, you will need to put in a 40% deposit to qualify for a mortgage.