Sentences with phrase «available equity on any property»

If you are an individual, the most common forms of collateral are real estate properties and the available equity on any property that has already been used as collateral.

Loans based on equity are then secured loans that use the available equity on the property to guarantee repayment of an amount of money lent to the proprietor.

Even if you already have a mortgage on your home, the available equity on your property can be used to secure an additional loan with great terms: a home equity loan can provide you with significant amounts of money, a low interest rate and very flexible repayment programs.

Not exact matches

The cash - out option is available on primary home (e.g., a home equity loan) loans, investment property loans or second home loans.

Home equity loans and Home Equity Lines of Credit (HELOCs) are first or second deeds of trust available on residential proequity loans and Home Equity Lines of Credit (HELOCs) are first or second deeds of trust available on residential proEquity Lines of Credit (HELOCs) are first or second deeds of trust available on residential property.

Home Equity Loans are available only on property in Texas.

Home equity lines of credit also come with higher credit lines, although these are dependent on the available equity in the property.

The fact that there is equity available on a property provides tranquility to a lender even if the property is not used as collateral because the lender knows that in the event of default, even though the mortgage lender has privileges over the property, he can still collect from the remaining amount produced by the sell of the property if the balance on the secured loan does not exceed the value of the property.

HELOCs are available to homeowners with at least 20 per cent equity and good qualifications (provable steady income, a reasonable debt ratio, a solid credit score, a marketable property, and so on).

You can borrow as little as $ 15,000 or up to $ 750,000 (up to $ 1 million for properties in California), depending on your credit history, available equity in the property and your current monthly debt.

• The balance of the existing mortgage on the property exceeds the available funds from the reverse equity mortgage.

In an era of rising unemployment income is not a barrier to reverse mortgages — such financing does not require monthly payments and the financing is based on the value of the property and available equity.

The built - in add - on option is identical in every other respect to the mortgage add - on option, and still requires an up - to - date property appraisal to determine how much equity you have available to borrow against.

Real Estate Agent • Take information from clients regarding their need for buying, selling, leasing and renting • Look through company database to determine if similar properties are available in needed categories • Compare prices and chart out the best possible solution for clients, based on their individual needs • Appraise properties using local comparison charts and discuss cost of maintenance and repair • Visit sites to determine suitability for clients and show properties that are deemed suitable • Create effective and meaningful relationships with clients for further purchase and sale purposes • Provide clients with financial assistance solutions and ensure that appropriate background checks are carried out • Educate clients on equity in their property and refinancing options • List properties for sale or purchase in local newspapers and respond to calls for information • Assist clients through the payment procedures and indulge in negotiations • Ascertain that all paperwork involved is in order and that any discrepancies are managed before a transaction is carried out

Financial Information that becomes public if any regional MLS database was accessed by unauthorized users: — easily calculated income of every REALTOR on that MLS - address and contact info of every REALTOR on that MLS - Equity gain for every current homeowner on that MLS - Mortgage info on every active home seller on that MLS - Selling date and moving date of every pending sale on that MLS -2 nd and 3rd mortgages registered on any active home on that MLS - lease agreement terms and length for any home leased on that MLS - Failed sales and subsequent transfer of ownership - Ownership details and transfers for any home that was found on that MLS - Capital Gains on any home sold on that MLS - Current CMV for any home sold on that MLS - Accurate Details to individually assess a home for property taxes on that MLS - Complete details available to every bank for any home and owner associated with that MLS database

For reverse mortgages that are subject to the Rule, a loan originator's compensation may be based on either (a) the maximum proceeds available to the consumer under the loan; or (b) the maximum claim amount (if the mortgage is an FHA - insured Home Equity Conversion Mortgage subject to 24 C.F.R. part 206), or the appraised value of the property, as determined by the appraisal used in underwriting the loan (if the mortgage is not subject to 24 C.F.R. part 206).

Typically most lenders only offer recourse financing, as they are taking a risk on the borrower, but Growth Equity Group has non-recourse financing in place for all its available properties.

See all available properties and calculate how much equity you expect to gain on your future home or investment.

Get FREE new listing alert and full analysis report on the situation of your favorite areas, find out what property types and in which neighborhoods you can make the smartest real estate investment, calculate how much equity you can expect to gain on your future home and see the latest available properties.

Blanket loans evaluate available equity on multiple properties which extends the risk on the loan but this risk is addressed with a proper appraisal.