
9 October 2023 | 6 replies
Conventional loans require you to qualify with credit, income, and assets (and a few more Dodd Frank rules).There are asset based lenders (called hard money) who will do a loan IF you have good credit and they like the property to get a cash out loan and cross collateralize over another.

7 October 2023 | 29 replies
Plus they can’t cross collateralize if their units and loans are spread over different banks.

24 January 2023 | 39 replies
@CJ WitmerBanks will never finance a property in a foreign country because they don't have the necessary means, knowledge and willingness to go through a foreign legal system to repossess the property should the borrower default on his mortgage.If you hear or read that somebody got a property financed by a local bank in a foreign country, this is because that bank took some local assets as collateral or gave an unsecured loan.

25 September 2023 | 2 replies
She used the home as collateral.

26 September 2023 | 14 replies
I have to get them right so that they bank doesn't collateralize the homes.

13 November 2023 | 23 replies
If you were with one lender you could cross collateralize.

6 November 2023 | 10 replies
You can use the value of the home as collateral.

9 February 2015 | 14 replies
If you're not sure of how to value collateral, how to secure your money, you have a lot of studying to do, start by knowing real estate.

20 April 2018 | 21 replies
That assumes you don't have other collateral to pledge.

14 September 2023 | 4 replies
More than likely the bank would need some sort of collateral or good credit.