Christian Mortgage is a term used wherein Christian principles are used by the mortgaging company to mortgage loans to its customers. Many a times the mortgage offered by these companies are limited to only Christian customers.
It is imperative to know however what Christian principles for Christian mortgage are. The Christian principles for lending a mortgage have been same since the time Christianity has been founded. The principles of Christian Mortgage are as follows:
“In-debt According to the Christian principles, debt is not wrong because in Duet 28:12 God said, ” you will lend to many nations, but you will never need to borrow from them.” Thus, this principle defines that God would not allow anyone to be a lender. According to the Christian Mortgage, if the worth of your home is more than your mortgage, you can sell it anytime and get out of the bondage.
“Plan the entire future financial picture carefully Luke 14:28-31 “King would ever dream of going to war without first sitting down with his counselors and discussing whether his army of ten thousand is strong enough to defeat the twenty thousand soldiers who are...