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Can I secure my house equity loan against a non-standard home?

Wednesday, July 29th, 2020

Can I secure my house equity loan against a non-standard home?

Home owner loan companies make use of your home as protection therefore in the case that is unfortunate you may not repay your loan, your premises could be repossessed.

Securing your loan against a non-standard building (age.g. One made from such a thing besides bricks and mortar) could be hard as loan providers see these properties as harder to re-sell which can make it tough to allow them to make returning to cover your loan. (more…)