Using Equity Using capital that you have sitting in your own home means that you are converting your equity into a future pension. You are using the equity that’s sitting there not being used at the moment and putting it into a property where it is...
The Lending Process Here is a flow chart to demonstrate the process that the bank goes through to determine whether your loan application will be approved or not: There’s a lot more to finance than the way you structure your finance, which is important. When you start...
Collateral Collateral is basically what usable equity you have in your home or other real estate investments. I say usable equity because in some cases it may be beneficial to utilise the Mortgage Insurers and get 90% against the value if your equity position is weak. Most...