Sentences with phrase «collateral value of the building»
A lender might have a policy of discounting real estate collateral by 20 %, so the discounted collateral value of the building would be:
https://www.valuepenguin.com/ Not exact matches
The property serving as collateral is frequently real estate — such as a commercial building or individual's home — but can also include vehicles, office equipment and fixtures, investment securities, inventory, receivables, letters of credit, and other tangible items of value.
As you build up a nice amount of cash in your policy, you are now able to utilize that cash value as collateral through a policy loan.
The great thing about the best life insurance companies for building wealth is that they allow you to use the policy's cash value as collateral and borrow up to 90 % of the cash via policy loans, for whatever reason you need it for, anytime you want.