Non-Real Estate Assets as Security

By |2021-10-12T21:01:44-05:00October 12th, 2021|Compliance, Featured|0 Comments

Personal property assets can be used as collateral when the value of the borrower’s property does not meet a lender’s requirements. Nearly every mortgage broker and lender has dealt with a loan in which the value of the real property offered as collateral is insufficient to meet the underwriting requirements. As an alternative to changing [...]