FCBK Articles

What is a Mortgage?

A mortgage is a type of loan often used to buy a home or other property. A mortgage allows the lender to take possession of the property if you do not repay the loan on time. The property is the security for the loan. Normally, a mortgage is a large loan and is paid off over many years.

10 Money Mistakes to avoid for financial fitness

As you work towards financial fitness, it is important to look back at how well you have done in your quest to attain financial freedom and to grow your wealth. This article will discuss some mistakes often made by people which hinder their desire to attain financial independence.


However, to GROW YOUR WEALTH, ensure a reasonable balance between your debts and the precautionary savings you want to hold.