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When you apply for a mortgage loan, collateral can be the property you are going to purchase. AmCredit finances up to 90% of the real estate value, the rest of the money you have to save yourself.
As additional collateral can be used. For example, a property which belongs to the third party.
To find out mortgage loan terms, you will have to make an appraisal for your property. Please, choose a company from the list, accepted by AmCredit.
The property has to be insured for the entire loan term. |