Mortgage Loan: A mortgage loan, also referred to as a mortgage, is used by purchasers of real property to raise funds to buy real estate; or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property. As with other types of loans, mortgages have an interest rate and are scheduled to amortize over a set period of time, typically 30 years. All types of real property can be, and usually are, secured with a mortgage and bear an interest rate that is supposed to reflect the lender's risk. A mortgage loan, also referred to as a mortgage, is used by purchasers of real estate property to raise money to buy the property to be purchased or by existing property owners to raise funds for any purpose. The loan is "secured" on the borrower's property. Borrowers can be individuals mortgaging their home or they can be businesses mortgaging commercial property. We can fund that deal for you, apply now...
TYPES OF MORTGAGE LOANS WE OFFER
My Residential Mortgage Loan
This is a loan for the acquisition of a house or property. This could be in variants of single family or multi-family depending on the type of housing/building.
Home Purchase Mortgage Loans
This is a Residential Loan that is acquired to finance the buying of a real estate/landed property which should be for residential purpose only. The house type can be for single family or a multiple family unit.
Home Construction Mortgage Loan
This is a loan acquired to finance the construction of residential real estate. It is secured by the real estate being constructed. In most cases, the Customer already owns the landed property.
Home Improvement Mortgage Loan
This loan is acquired to finance the renovation or remodeling of a property. While home renovations often refer to building projects that alter the structure of an existing home, it can also include improvements to lawns, gardens and outdoor structures such as garages.
Home Refinancing Mortgage loans
This is the process of paying off an existing loan by taking a new loan using the same property as security. It is a loan that is acquired to replace an existing mortgage obligation.
Home Equity Mortgage Loans
My Home Equity is the process of freeing up surplus funds, which would have remained part of the dormant value of a property. It is defined as a process that allows the customer to release cash from his property as one lump sum or in installments.
Business Mortgage Loan
This is a loan that is collateralize by real estate and in which the real estate is used for business purposes. It is typically taken on by businesses instead of individual borrowers. The borrower may be a partnership, incorporated business, or limited company. Examples of commercial mortgages are build/buy to let, rent or lease etc.
TERMS AND CONDITIONS
Loan Size: $5,000 - $50,000,000
Interest rate: 3% per Annum
Available Terms: 1 - 25 years
No Collateral? Yes! you can still get an unsecured loan from us
Decisions in as fast as 3 business day, funding in as fast as 4 business days
