Sentences with phrase «sole collateral for each loan»

Hard money lenders are more able (and willing) to make these loans because, unlike banks and other institutional lenders, they use asset - secured underwriting with the real estate serving as the sole collateral for each loan, and they are able to charge enough interest in order to cover the high risks involved in underwriting such loans.

Not exact matches

Inspection fees, if any, are the «Buyer's» sole responsibility.Title Information: Vehicle titles may be held by banks or lenders as collateral for loans.
The property that is owned by the individual is the sole collateral for the Reverse Mortgage loan.
A lender (such as LoanMart) will become the sole lien holder for the duration of your loan's payment period, as your vehicle now becomes a form of collateral, just in case something should happen where your payments begin to become tardy.
Would any father like to insure his child aged 10 yrs... The answer is NO...... The sole purpose of Adding Life Insurance in JUtkarsh is to provide for a collateral in case of educational loans from banks.......
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