It is possible to obtain a loan with a mortgage guarantee
Many companies, and also private ones, are proposing to guarantee a loan with an owner , especially when financial entitlements do not grant cap class of credit per motius of risk.
Generally, it is suggested that this financial solution is going through some difficult economic need and it is necessary a specific capital injection to obtain liquidity or to solve some urgent debt such as a tax debt or a garnishment.
In the event of this situation in which the banks deny the credit to obtain liquidity, the best option is to quickly go to a specialist in private financing , to request information on a loan with a mortgage guarantee or a loan with an owner's equity.
What is a loan with a mortgage guarantee?
The loans with the mortgage guarantee are loans in which a property is used as a guarantee to guarantee an operation in case of payment.
In order to fully understand this type of loan, I must understand what a guarantee means . An endorsement, in this type of loan, is the asset that serves as a guarantee from the real estate provider in the case that a company or individual that has rebutted the financing does not make the quotes and collects the debt.
This owner that will be used as a guarantee does not necessarily have to be a habitat; also can be:
- A business premises
- A nau
- A terreny
- A real estate promotion
A month, poden utilitzar diferents Propietats per-se l'OPERATION endorse not necessàriament must be exclusivament per one préstec.
I also know that there is no confusion with the mortgage loan , which I explained in a previous post. The purpose of the mortgage loan is to buy a habitat, whereas the loan with a mortgage guarantee , or the loan with a mortgage guarantee, the purpose is different. The final destination of the loan may be qualsevol i s'utilitza pel that is desitgi.
Why is it used to?
The most common motius for people that are used to seek a loan with a mortgage guarantee are the following:
- Advise liquiditat . But if the company has to make some urgent payment or it is necessary to sort out a specific critical moment.
- Pay deutes . For example, if you had to cancel a bag of embarkation or pay a tribute quickly.
- Reunify deutes . If you have several debts with different creditors and I will reduce it to a single quota and pay menys in total, if it is available to a proprietor lliure de càrregues, or small amounts, it is possible to advise.
- Per herències . If it is necessary to pay the tax of successions and donations to accept the inheritance of an immoble, it is possible to use the mateix immoble heretat as a guarantee.
These are the most common motius but, as hem dit previously, the loans with the mortgage guarantee do not have a single purpose. It can be used for what it is designed for.
What is it to advise?
L'import Màxim is one PRÉSTEC can aconseguir amb amb hipotecari guarantee around 40% - 50% of the value of taxació of propietat i restant mortgage pendent i les altres càrregues that estiguin on l'IMMOBLE.
It considers that this loan followed the fastest way to advise financing, and the most accessible, the taxation value of the property and the càrregues attached to it, as if for example there is a mortgage to pay, it will mark the import that is possible to advise both a loan with a mortgage guarantee.
Month to month, each private financing entity establishes requirements, the majority are common, for example, having economic solvency to be able to make the loan. If it is not the solvency of the term, it is also possible to return the loan to the long term, realizing the necessary characteristics, if the purpose is the sale of some immovable or real estate project.
Benefits of loans with a mortgage guarantee
The loans are with a semi-restricted mortgage guarantee , but it is a type of loan that is recurrent for companies and individuals that possess ownership and do not have liquidity. Of fet, it is the most used credits in the whole world, as seen in the post on alternative financing , it is a source of financing that in the future will be the most useful in Spain.
The loan with the mortgage guarantee or the loan with the mortgage guarantee is the easiest, fastest and most accessible way to advise financing . Of course, if it is available to an owner who has a mortgage, the requirements are simple and the process to advise the diners may take a few days, compared to the bank loans that can take several weeks.
Month after month, it must be borne in mind that it is the only option to obtain financing in difficult economic situations.
How to get a loan with a mortgage guarantee?
To access a loan with a mortgage guarantee it is necessary to go to the private capital, or to the private financing, through a real estate provider .
It is important to note that financial companies that are regulated by the Banc d'Espanya have to work and that they are fully legalized, as indicated on our website at the legalitat department .
Private equity financers do not care about the loan objective or the client's delinquency status. To start the operation , the most important is the value of the property that supports the operation , the location and that has the fewest possible càrregues. If it is complex in these requirements, it will be able to study the viability of the operation and it will be able to grant the loan quickly.
In summary, these are the main requirements to access a loan with a mortgage guarantee:
- Be major d'edat.
- Provide an owner , a personal follow-up, a family member or a disconnect.
- This owner must have the minimum possible càrregues.
- Make a taxation of the property and be able to analyze the simple note.
- In case of being a company, it will request the opportune reports.
Difference between a mortgage guarantee and a mortgage guarantee
A mortgage guarantee is a realization on your own equity, a company that in a mortgage guarantee can be intervened by a third person who is liable for your financial institution. L'aval is the person who is responsible for the payment in the case that it is not realitzin the payments agreed upon previously.
If you require more information and you want to find out more about what a loan with a mortgage guarantee is, you can access our post.