Since 2006, I was a full time webmaster who resigned from my Managerial position in one of the Internet Consultant firm. I took the option which are very very crucial for my future income. Parents and family are against the decision I made. As for me, being a full time webmaster is my ambition since I have a vast background on how to earn from the we or blogs.

Finally after almost three years being a independent webmaster I managed to get a car with the webmaster money. The next step is to buy my first house. As everyday I work online for almost 8 hours per day, I search hand digest all the tips for the First Time Buyer Mortgages.

A lot of unique and promotion going online nowadays. I stumbled one good websites which provides the best info on mortgages. Previously every buyer needs to raise around 10 to 15% first to buy a house. It’s kind a problem to those who have no savings especially for those young adult workers or graduated person. If this thing is going to happen, the real estate industry will not boost.

Most of the mortgage lender today offer a very minimum of deposits and they can offer up to 95% of the mortgage value to lend it to the buyer. This can be added as a advantage and also have a lot of disadvantages. By lowering down the deposits means the more monthly repayment that you have to pay.

Instead of having a very minimum of deposits the new buyer should raised around 10% of the total loan amount to be secured in the future. This is what I’m planning to do. I can save a lot of money from the advertising revenue earned by the online stream. I am very sure that I want to have at least 20% of the total loan amount in order to serve the lower monthly repayment.