If you want to borrow money Bank, then private loans and mortgages apply. Interest rates and other terms are often very similar to the other major banks, which makes lending companies an interesting alternative for those who are thinking of borrowing money.
If you have a bank card , you can also attach an account credit to this. It basically works like a credit card where you pay interest on the used credit. The maximum limit here is USD 50,000.
The private loan you can apply for ranges from USD 20,000 up to USD 350,000. An application for a loan can be submitted directly through their website and you will then quickly receive a preliminary message. If you wish, you can also take out a loan insurance that helps with repayments if certain conditions are met. This can be, for example, dismissal, illness or death.
The mortgage loan has is a standard loan where it is possible to get a mortgage loan up to 85% on a newly purchased house. The minimum loan that can be applied for is USD 200,000. You can get a loan promise of USD 200,000 – 6,000,000. This loan promise is valid for 6 months.
If you want to borrow money for the down payment, this is also something can help with. Just as you can get a bridging loan in case you have to pay for the new home before the sale of the old one is completed.
Requirements for borrowing
If you look at the requirements for those who want to borrow money of some kind, there are no unusualities that apply. The borrower must be of legal age and must not have any payment notes. There must also be a fixed income but how big this should be is not determined. Instead, the rules are such that the higher the income, the more you can borrow.
Lending companies offers the following types of services:
- Private loans of USD 20,000 – 350,000.
- Mortgages with mortgages up to 85%
- account Credit
- Bank account
- Bank Cards / Credit Cards