The Latest trends in Mortgage loan
Overview: Financial crises may arise in everybody’s life both in personal as well as in business. This sudden situation will make us in a catch22 situation. The essential funds at right time may not be available due to many reasons, it may be locked in various ways like property, debentures or any other fixed assets, or even in the business cycle as stocks or debtors. Generally, we classify funds as liquid and non-liquid, where liquid funds are readily used for our expenses like cash on hand and bank balances, non-liquid funds are not immediately useful for our day to day expenses. If funds are non-liquid, then we may not be able to use it when there is a crisis. Financial requirement is a very important factor in everybody’s life and the requirement may vary according to the person. The best way to opt for liquidity from non-liquid assets is a mortgage loan. Here, it involves pledging the property as security for the loan, where it will be easily available, and end-user can be...