Secured loan against your house Arizona

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Calculation example: with a loan amount of USD 100,000 at 10% per annum, for a period of 1 year, the total amount to be repaid will be equal to: USD 105,499.06, with a monthly payment: USD 8791.59. The consequences of not paying the loan are regulated by the legislation of USA.

    House secured loan

    A pledge is a kind of valuable property, the rights to which are transferred to the bank, while the borrower uses the money of the lender.

    When applying for a loan, the client signs an agreement with a financial institution, according to which the rights to own property will return to the original owner after he returns the borrowed funds.

    This means that leaving a house or car as a pledge, the borrower will continue to drive this car or live in the house, but will not have the right to sell or donate this property.