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5 Simple Statements About Loan Underwriting Explained

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Secured vs. Unsecured Loan Loans may be secured or unsecured. Mortgages and motor vehicle loans are secured loans, as they are both backed or secured by collateral. In these scenarios, the collateral would be the asset for which the loan is taken out, Hence the collateral for just a mortgage https://loan-term56556.blogvivi.com/29371665/5-essential-elements-for-loan-borrow

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