Basics »
Basics
Hard Money Loan: Raw Deal
A hard money loan is a type of asset backed financing which is secured by pledging the value of the property as collateral. These loans ...
Shared Appreciation Mortgage: Long Term Waste
A shared appreciation mortgage (SAM) is one which is related to the appreciation of the property in a mortgage. This means that the lender will ...
General
Asset Based Lending: Utilizing Equity
Asset based lending is simply the taking out of a loan where the collateral is an asset and can be foreclosed or taken possession of ...
Mortgage Loans
Home Equity Loans: A “Secure” Option
A home equity loan, as the name itself suggests, also known as HEL, is one in which the borrower uses the equity in his or her home as a collateral against the loan. These type of loans are usually second position liens and can be ...
Mortgage By Demise
Mortgage By Demise
A mortgage is nothing but the transfer of interest in property to the lender till the mortgage terms are fulfilled completely. This means that the borrower needs to pledge the property as collateral till the full amount of money is paid back. There are basically ...
Reverse Mortgage
Jumbo Reverse Mortgage
A jumbo reverse mortgage is one that permits elder property holders to get the right to use to funds without having to get rid of their home. This option is offered for homes valued at $625,000 US Dollars (USD) and above. This variety ...
Reverse Mortgage Basics
Reverse mortgage is a kind of senior pecuniary product that can be helpful for someone who has no means of finding gainful service. The reverse mortgage allows the property holder to dip into the equity of the dwelling and exchange some of it into liquid ...
