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.......