This extension gives lenders more time to determine the value of the property or to get the approval of a mortgage insurer. (rismedia.com)
The Australian legal system, which gives a lender recourse to all of the borrower's assets in addition to the house, provides the borrower with a stronger incentive to repay their loan. (rba.gov.au)
By giving your lender permission to keep your title as collateral, you are giving them a security interest in your vehicle. (titlelo.com)