Asset-Based Lending: A Primer

Back to the mortgage loan example - the house is worth $400,000. Since the borrower's down payment was $80,000, the loan amount is $320,000. [...]the borrower has paid 20% into the home, thus the lender is approving a loan only up to 80% of the house's value. Key Takeaways * The goal is to...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Veröffentlicht in:The Secured Lender 2022-10, Vol.78 (7), p.34-35
Hauptverfasser: Hubert, Candice, Accardi, Joe
Format: Artikel
Sprache:eng
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Online-Zugang:Volltext
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