How are home equity loans articulated and what is their profile?
Over the past five years, DEXTER has become a benchmark as a financial manager and intermediary, making it possible to provide capital to companies, especially those in growth.
Within its portfolio of products and services, the most demanded have been and are, at present, mortgage-backed loans, understood as those in which a real estate property is used as collateral to secure the loan. In other words, the lender is entitled to the property in case the borrower does not comply with the terms and conditions of the loan.
When an entrepreneur applies for a mortgage-backed loan, he or she must place a real estate property of his or her own, always seeking that it is exclusively the property on which he or she is working, on which the financing is to be received, as in the case of asset purchase loans or loans to the developer. The value of the property will determine the maximum loan amount that the borrower can obtain.
Likewise, this type of credit with mortgage guarantee is very widespread in the bridge loan formula: here, the entrepreneur requests capital to cover specific and determined needs, normally for a short period of time, and again puts up as collateral an asset he owns, free of encumbrances and encumbrances.
It is important to bear in mind that, in the event of non-payment, the lender has the right to foreclose on the mortgage collateral, which means that it can initiate legal proceedings to take possession of the property and sell it to recover the debt. It is therefore essential for the borrower to comply with the payments as agreed in the terms, bearing in mind that in the case of DEXTER there is a tendency to seek, for the convenience and flexibility of the client, the 'mortgage-bullet'.
How are mortgage-backed loans articulated and what is their profile?
For the last five years, DEXTER has become a reference, as a financial manager and intermediary, making it possible to provide capital to companies, mainly those in growth.
Within its portfolio of products and services, the most demanded have been and are, today, mortgage-backed loans, understood as those in which a real estate property is used as collateral to secure the loan. In other words, the lender is entitled to the property in the event that the borrower fails to comply with the terms and conditions of the loan.
When a businessman applies for a mortgage-backed loan he must place a real estate property of his own, always seeking that it is exclusively the property on which the work is being done, on which the financing is to be received, as in the case of asset purchase loans or loans to the developer. The value of the property will determine the maximum loan amount that the borrower can obtain.
Likewise, this type of mortgage-backed loan is very widespread in the bridge loan formula: here, the entrepreneur requests capital to cover specific and determined needs, normally for a short period of time, and again puts up as collateral an asset he owns, free of liens and encumbrances.
It is important to bear in mind that, in the event of non-payment, the lender has the right to foreclose on the collateral, which means that it can initiate a legal process to take possession of the property and sell it to recover the debt. Therefore, it is essential for the borrower to comply with the payments as agreed in the terms, bearing in mind that in the case of DEXTER we tend to seek, for the convenience and flexibility of the client, the 'mortgage-bullet'.
