The director of Khula Community Development, Petros Majola, has expressed shock and dismay following the tragic killing of four children by their mother in Engcobo’s Mhlabubomvu. The mother, a 32-year-old woman, allegedly bludgeoned her children, aged between two and 11, to death with a four-pound hammer.
According to Majola, it is believed that the mother committed this horrific act to ensure that her children would not be left behind when she passed away. The motive behind the incident remains under investigation.
“It is alleged that the mother wanted to make sure she does not leave them behind when she dies,” said Majola
Brigadier Tembinkosi Kinana, a police spokesperson, confirmed the arrest of the mother. The bodies of the children were discovered the following morning in the rondavel where they had been sleeping with their mother. Preliminary investigations indicate that the mother assaulted the children with a hammer, resulting in severe injuries to their upper bodies.
This heartbreaking incident highlights the urgent need for support and intervention in cases involving mental health and the well-being of vulnerable individuals and families.
How to Get a Mortgage: A Step-by-Step Guide
Getting a mortgage to buy a home requires careful financial planning and consideration. Here is a step-by-step guide to help you navigate the process effectively:
1. Assess Your Finances
Before applying for a mortgage, evaluate your financial situation. Improve your credit score if needed and ensure a stable income. Calculate how much you can afford to borrow, determine your down payment amount, and decide on the length of the mortgage.
2. Compare Mortgage Lenders
Research and compare interest rates from at least three mortgage lenders. Look for reputable lenders who offer competitive rates and favorable terms. Comparing quotes will help you find the most suitable option for your needs.
3. Understand State Requirements
Familiarize yourself with the specific auto insurance requirements of your state. Each state has its own regulations, and understanding these requirements will help you select the appropriate coverage options.
4. Gather Documentation for Pre-Approval
To get pre-approved for a mortgage, submit the necessary financial documentation to the lender. This may include proof of income, employment history, tax returns, bank statements, and other relevant documents. Pre-approval gives you an idea of the loan amount you qualify for and strengthens your position as a buyer.
5. Make an Offer
Once you find a home you want to purchase, make an offer to the seller. Work with your real estate agent to negotiate the terms and price. If your offer is accepted, you can proceed to the next steps in the mortgage process.
6. Understand Pre-Approval Limitations
It’s important to note that pre-approval is not a binding agreement. While it distinguishes you as a serious buyer, the mortgage rate is subject to change. Carefully review your lender’s commitment letter before signing it to ensure you understand the terms and conditions.
7. Consider Down Payment Options
A larger down payment can offer benefits such as qualifying for a lower interest rate and reducing private mortgage insurance (PMI) payments. Evaluate your financial goals and consider the impact of a larger down payment on your monthly budget and long-term savings.
8. Monitor and Improve Your Credit Score
Your credit score plays a significant role in mortgage approval. Pay off debts and maintain a good credit utilization ratio to improve your score. Lenders consider joint applicants’ credit scores, and middle credit scores are often used for evaluation.
9. Explore Government-Backed Loan Programs
Government-backed loans, such as VA, FHA, and USDA loans, offer advantages like lower credit score requirements and debt-to-income ratios. Research these programs to determine if you qualify and if they align with your needs.
10. Apply for a Mortgage
Request Loan Estimates from multiple lenders, sharing relevant documents to help them determine your loan amount accurately. Compare the options, including interest rates, terms, and costs, to choose the best fit for your circumstances.
11. Understand Interest Rate Guarantees
Check if the interest rate is guaranteed and for how long, especially if you’re concerned about rising rates. Consider negotiating a “lock-in” agreement with the lender to secure a specific rate. Explore float-down options to take advantage of lower rates if they become available.
By following these steps and being diligent throughout the mortgage process, you can increase your chances of obtaining a suitable mortgage and successfully purchasing your dream home.