Private loan secured by real estate in Colombia

In the last few years, the number of organizations providing loans in Colombia has g;

•car garage.

In order to determine the amount of the loan, it is necessary to evaluate the real estate. This is done by relevant specialists. It is absolutely necessary to have a document on the ownership of the property that is planned to be pledged. If it is an apartment or a residential building, then the consent of its other co-owners is required. And it should be remembered: an apartment in which minor children live cannot be mortgaged.
In modern conditions, it is possible to obtain a private loan secured by real estate. Such loans are granted, as a rule, for a year with monthly interest payments, and its amount is returned at the end of the credit period. Contracts are always drawn up at a notary.
A real estate loan without proof of income can be provided by both private individuals and microfinance organizations.
Our credit service creditnice.co specializes in information support and finding the best options for any type of lending in Colombia, including secured loans.