Day: March 27, 2020

Statement mortgage – who will give it to us?

  A statement mortgage is a form of commitment with the least amount of formalities to settle. A loan in which property or real estate is used as collateral. The borrower enters into an agreement with the lender (usually a bank) wherein the borrower receives cash upfront then makes payments over a set time span […]

What does it mean to have a pre-approved credit?

One of the most interesting systems is pre-approved credit, that is to say that as a customer of a bank, consumer credit is easy to obtain. This is good because entities seek to retain you as a customer by offering you lower rates. Although it seems that it does not have requirements, they already have […]