A separate category in each financial institution is a loan secured by land. There is a certain specificity in this type of lending, and not all credit organizations will agree to provide funds secured by a land plot.
If you urgently need money for their subsequent profitable investment, then PKCredit can always take such a loan secured by land on certain conditions. Each client gets an individual loan program that is beneficial for both parties.
How to get a profitable loan?
Loans secured by a land plot provide for the provision of title documents for it. The application will be approved only after the borrower is identified as the owner of the mortgaged land. After signing the agreement the borrower remains the owner of his property and the original documents confirming the ownership are with him. The applicant can use the land as he sees fit, except for its alienation without the consent of the creditor until the full payment of the debt.
To take money on the security of a land plot, you do not have to collect many documents. You just need to provide:
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Passport;
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Identification code;
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Title documentation for pledged property.
The convenience of this type of lending is obvious to owners of land plots. The borrower does not need to report to the lender about the money spent. He receives an unearmarked loan.
If the borrower encounters difficulties in the process of repaying the debt and needs to extend the loan term, then PKCredit is loyal to this, applying the prolongation of the contract without additional fees and fines. Early payment of debt is possible.
In accordance with the terms of the loan agreement, the interest rate is fixed and does not change during the entire loan term. The applicant receives up to 70% of the market value of the collateral object. The loan amount is determined individually for each client. To receive money secured by a land plot, a certificate of income is not required; applications from persons with a negative credit history are also considered. Hryvnia loans are not tied to the currency.
Decided to get a loan? Leave a request on the PKCredit website or call the contact phone number. You won't be let down here!
Article source - pkcredit.com.ua
