About personal loans with real estate guarantee!
Do you want to remodel your home or buy a car? Something unexpected happened and you need some money? Nothing easier! You choose a loan for personal needs and in a few days you solved your problem. You don’t have to dream your whole life of something you can get in just a few days.
Personal loan loans are accessible to all, and the main condition is to have a stable income that allows you to repay the loan amount. Personal needs loans fall into two categories: personal needs loans with a real estate guarantee and personal needs loans without a real estate guarantee.
In this article under the magnifying glass are the loans of personal needs with real estate guarantee!
This type of credit can be contracted for a maximum period of 5 years and is that very flexible loan that a bank credit broker can easily customize. The loans of personal needs are obtained quickly, with little or no documents at all – some banking institutions have connected to the ANAF database and can check in real time all the incomes and debts you have. Personal loans are generally stable and have very low costs.
Personal needs loans are:
– with real estate guarantee – credit for which the debtor has to present to the bank one or more buildings as pledge, thus being able to request a larger amount of money.
– without real estate guarantee – credit for which the debtor does not have to present to the bank any real estate as pledge, but he will receive a smaller amount of money, up to 180,000 dollar.
Personal loans with real estate guarantee:
What are the characteristics of a personal loan with a real estate guarantee?
This type of credit can be contracted for a maximum period of 5 years, by persons between the ages of 18 and 70 years. The amount you can get is between 10,001 dollars and 300,000 dollars or the equivalent in dollar. Exactly, as you well knew, the currency of the loan can be in both dollars and dollar. The interest on a loan of personal needs with a real estate guarantee starts from 4.71%.
In general, in the case of personal loans with real estate collateral, banking institutions offer tempting products and lots of benefits that really matter. If you are lucky enough to be a VIP client, that is the kind of debtor that any bank would like, then the institutions will compete with each other to give you the best credit of personal needs with a real estate guarantee. You will be able to benefit from extremely good benefits, not just a lower interest rate.
Don’t know if you have the characteristics of a VIP client? Call for free banking broker services!
What are the necessary documents for granting a loan WITH real estate guarantees?
Each bank requires a smaller or larger number of documents depending on the amount requested.
Generally, the documentation consists of a copy of the bulletin, a salary receipt, a copy of the employment contract, the last addendum to the employment contract (in the case of salary changes) and a recent utility bill. The pensioners bring a copy after the last pension heel, and in the case of invalidity pensions, the decision on the incapacity for work issued by the medical commission will be presented.
The ownership documents of the immovable property differed according to the destination of the loan (eg copies after the deed of ownership registered with the Land Book Office, copies according to the cadastral documentation and so on.
In conclusion, the question is: If you needed a loan for personal needs, with or without a real estate guarantee, would you call a credit broker or would you rely on your knowledge and / or friends?