Unsecured business loan An unsecured loan is a loan that is not backed by collateral such as property, whether it is land, an investment property, the family home or a commercial property. As an unsecured business loan is not backed by collateral, it represents greater risk to the lender and the rate is… Continue reading Unsecured Business Loans
Need a second mortgage loan? Second Mortgage refers to a second loan secured under an existing first mortgage upon a piece of property, typically by the home owner. One of the main driving forces that prompt people to take out a second mortgage on their home or commercial security is for debt consolidation… Continue reading Second Mortgage Loan
Development or Commercial Funding is a very profitable and at the same time risky business to finance. Australian Mortgage Centre first piece of advice for prospective developers is to remember that borrowing for development is very different from borrowing for investment. Financing property development is a lot riskier for lenders and therefore their requirements… Continue reading Development Finance Application
The term Private money is a commonly used in banking and finance. It refers to lending money to a company or individual by a private individual or organization. While banks are traditional sources of financing for home purchases, and other purposes, private money is offered by individuals or organizations and may have non traditional qualifying… Continue reading Private Money Lending
Some of the reasons why you would choose an Interest Only (I/O) loan instead of Principal & Interest.
For most of us, paying off a home loan as quickly as possible is the smartest strategy to get ahead financially.
Should you invest your hard-earned cash in house on a quarter acre block, or a low-maintenance apartment in the city?
The toughest loan decision of all: whether to lock in an interest rate. A fixed rate gives you security, but a variable rate can add to your flexibility and cut your costs.