Category Secured Loan

How to Choose a Cash Loan?

How to choose a cash loan or installment? First of all, it should be noted that the low interest rate of a loan is often just a marketing gimmick. Banks or financial intermediaries employing this rhetoric usually earn high commissions. Where is the best place to take a cash loan right now in 2015?

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Installment Loans for Bad Credit Guide

Installment Loans for Bad Credit – how do they work? It’s better to solve your financial problems sooner than later. Some people may wish to raise money to consolidate other debts. By taking advantage of Installment Loans for Bad Credit, you could transfer several debts into one more easily manageable payment. This means you can replace credit card bills, personal loans and other loans with one lower interest rate and spread lower payments over a longer period.
It is important to note that there are costs attached to installment loan, such as early repayment charges, these need to be taken into account when you are considering a taking it.
It is however worth bearing in mind that often the benefits of installment loan can outweigh the costs involved.

As you know Installment Loans for Bad C...

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Is it worth it to refinance my fha mortgage?

Is it worth it to refinance my fha mortgage? This is the question that I asked myself many times. Firstable let me explain you what mortgage refinancing looks like. When you first go to buy a home, you may not always get the low interest rate that you want. You may have to take a rate that is available so that you can get the home that you want. The payments may be higher and you may find that the loan is stretched out for more years than you want.

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What is a Retail Property Mortgage?

Retail Property Mortgage is a loan to be used specifically for the purchase of a standalone retail unit, or other commercial premises used for conducting retail trade. In order to qualify for retail property finance the retail portion of the property must be greater than 40% of the total floor space. If the retail element is less than 40%, for example, by having rentable flats above the shop, the commercial mortgage application should be aimed at achieving an investment property mortgage, which has different qualification criteria.

Retail Mortgage Lending Conditions

Most commercial mortgage lenders will lend against retail property, and this position is unlikely to change significantly in coming months...

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How long does it take to arrange a secured loan?

Wonder how long does it take to arrange a secured loan? The answer should look like this: “it depends”, however read the whole post to find what might happen in your case.

Secured loans or commercial secured loans differ from unsecured loans in that the risk is offset, or secured, against the business premises or residential property owned by individual or company Director. For this reason, secured business loans are usually cheaper than their unsecured equivalent. In many ways a secured loan is similar to a commercial mortgage, however there are some fundamental differences, and reasons to use this type of product rather than undertake a commercial re-mortgage...

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Can I get a secured loan against my pension?

If you are the one who ask – can I get a secured loan against my pension – here’s the guide that will answer your question.

How high can be a loan against your pension? How much can you borrow? As we know secured loans and business loans are very flexible. There are many products, but a typical product profile would look something like this: up to a maximum of 100% LTV ( equity above the Loan to Value), 5 to 30 year term, rates start from 1.5-2.5% over base, 5,000 $ to 500,000 $, self-certified or status based products, prime and sub-prime credit. For instance if your pension is about 5000$ a month you can expect being able to get at least 200,000$. Of course everything depends on few other factors, not only your pension.

secured_loanIs Credit Status an important factor while arranging a secured lo...

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