Types of Assets. Most mortgage lenders use some variation of the "Uniform Residential Loan Application," a document drawn up by Fannie Mae and Freddie Mac, two huge government-backed corporations that buy mortgages from lenders. The uniform application divides loan applicants‘ assets into two categories: liquid and non-liquid.
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Welcome to Synovus – Synovus – Synovus Bank, NMLS #408043, is an Equal housing lender. synovus Mortgage Corp., a subsidiary of Synovus Bank, lends in the states of Alabama, Georgia, Florida, Tennessee, North Carolina and South Carolina. This communication is directed to properties in those states. Loans subject to approval, including credit approval.
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Asset-Based Lending Definition – Investopedia – Asset-based lending is the business of loaning money using the borrower’s assets as collateral. Asset-based lenders prefer highly liquid collateral such as securities to physical assets such as.
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The Ins and Outs of Asset-Based Loans – Entrepreneur – What it is: Simply put, asset-based loans are based on assets, generally accounts receivable and inventory, that are used as collateral. You’re putting your future revenue on the line to gain.
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