Are you thinking of applying for a mortgage? It is not possible for everyone to own a house without any financial help and guidance. So, if you are as clueless as the rest, worry not. It is quite easy. In fact, here are some basic tips to get you started.

If you’re nearing your retirement, you might catch yourself wondering if it’s better to own your home free and clear with no monthly payments or if it might be better to use your accumulated savings for other purposes, like investing or keeping it for emergencies. Whatever your choice is, the main aim should be to stay debt free and stress-free.

Retiring with a mortgage does not only add up to your worries but also gives you a sense of guilt. Your working years are the only ones where you can enjoy because it is the only time when you can support yourself financially. So, if you want to start now and live happily after your retirement, here are some ways to retire without a mortgage.