Sentences with phrase «subsequent loan on a property»
Not exact matches
The book and subsequent articles point out precisely the opposite: when you bought the house in the first place you did leverage, because you had no equity to balance the loan; your lender had the strangle hold on your ownership of the property.
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A loan to purchase a home is usually the first mortgage lien recorded on a property; subsequent loans depend on the amount of owners» equity in the home and generally require a new appraisal.
The typical home equity loan is given as an initial or subsequent open mortgage on a property.
The ordinary home equity loan is, in reality, an open initial or subsequent mortgage on your property.
This loan is given as an initial or subsequent mortgage on a property.
We can add - back a GBP 0.2 mio subsequent (FX) gain on the Arcapita loan sale, a likely gain of at least 0.3 mio on the sale of an Egyptian property, and a 0.1 mio increase in their DiamondCorp stake.
For example, lenders could fund a loan for which the title search identifies an unreleased lien on the property «without going through the pain of releasing the lien» if a subsequent credit report shows the second loan has a zero balance, he says.