I own a 40' X 60' X 15' concrete building for personal use, to storage my RV. I would like to know ...? - rv storage in monterey california
I have to save a 40 '15 'XX 60' concrete building for personal use on my RV. I wonder what the personal-finance programs, including the conditions and prices are available when you use the property as collateral? The conditions and the prices are similar, if (I had to use my personal residence as collateral (loan).
I want this loan is a subordinated loan, not a commercial loan.
Please I need answers of loan officers only.
THANKS
I already said a few officers, but I want more opinions from other banks
4 comments:
It is the building on the same ground as his personal residence?
Otherwise, the loan would not have the same conditions as the homeowner home equity loan.
If the concrete building, located in the same plot, the most important part of your personal residence, you only need your lender for an assessment is necessary, to reflect the additional value that the construction of concrete, and your home in search of additional capital available.
If the building is located on an adjacent property may be able to combine their parcels residence with the package next to the warehouse on the site for processing.
Note that this is for all property, including his house. It's about the separation of the loans in connection with the building.
Why not ask BANK.
How do I pay for professional advice?
The banks will not lend, but it is not a residence permit. In addition, several banks to manage credit. If I were you, I would say to see what they can get.
The exchange rate and is based on its rating (evaluation), so that no one here can say what could be the exception in a row. It will probably lie somewhere between 5% and 25%.
The prices are probably a little more than a stay, because they are less worried about losing. You must also ensure that, through what is equivalent to that price. You also need to be evaluated and may also lead to raise your taxes.
The banks will not lend, but it is not a residence permit. In addition, several banks to manage credit. If I were you, I would say to see what they can get.
The exchange rate and is based on its rating (evaluation), so that no one here can say what could be the exception in a row. It will probably lie somewhere between 5% and 25%.
The prices are probably a little more than a stay, because they are less worried about losing. You must also ensure that, through what is equivalent to that price. You also need to be evaluated and may also lead to raise your taxes.
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