What is the difference between a mortgage and a housing loan

Mortgage loan and housing loan are financial products with similar characteristics in very many aspects. Application procedures or creditworthiness tests are almost identical. However, it should be remembered that the mortgage is not the same as the housing loan. The difference relates primarily to the purpose of financing the funds raised. Not every mortgage is […]

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When and on what basis can a promissory note be a loan repayment security?

Borrowing secured loans is a relatively common practice today. The most common practice is the provision of mortgage loans secured, for example, on real estate. However, it turns out that it is not all available collateral, credit or other obligations that can be secured – through a promissory note. What does it mean? Let’s start […]

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How to Compare Loan Types and Choose Your Loan – Low Interest

Taking out a loan is a very important decision, which must be viewed with a lot of responsibility. Therefore, we of the Low Interest, we list the types of loans that exist and what you must take into consideration at the time of the choice. What kind of loans can I borrow? Currently there are […]

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How to finance a general renovation of a house

Spring is the time when many of us decide to slightly renew our apartment. When the savings are not enough, you must use a credit product. Analysts of the financial comparison engineer suggest ideas on how to finance a general renovation of a home. The coming of spring promotes courageous decisions. For many, it will […]

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Flexible personal loans: what they are and why they agree

The universe of personal loans is characterized by a multitude of different products and offers of the various lenders and financial companies, which allow each potential customer to choose the most convenient opportunity for their specific needs. In this vast ocean of proposals stand out for their flexibility flexible personal loans, which is easily deduced […]

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PLN 1,000 free of charge in the Loan offer

A loan offer If you have not yet used the Grab Loan loan offer, now you can borrow from them under the first loan up to PLN 1,000 without any additional fees. Currently, most companies that specialize in providing payday loans have the opportunity to obtain the first cash without any additional fees or commissions. […]

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Prepayment penalty for early loan repayment

If a current loan with fixed interest rate fixation, for example a mortgage lending loan, is to be repaid prematurely, then this is usually only possible against payment of a so-called “prepayment penalty”. But what is meant by the term “prepayment penalty”? How are the compensation payments to the bank calculated and in which situations […]

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