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land as collateral

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zimowa boniface Guest	Posted: Thu Dec 15, 2011 10:22 am    Post subject: land as collateral Like 0 Dislike 0 What if the landholder does not have title deeds,can it be used as collateral security? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
sabrinatoss Community Expert Joined: 16 Jan 2011 Posts: 514 Location: Australia 82.40 Dollars($)	Posted: Fri Dec 16, 2011 2:05 am    Post subject: Like 0 Dislike 0 Hello zimowa boniface, It is possible to get a loan using only a good credit score as collateral. If you do not have good credit, it is still possible to get a loan without collateral, but you can expect to pay a much higher interest rate. It is also possible to use a vehicle or property as collateral. _________________ Home Loan, Mortgage Insurance Calculator, Mortgage Broker
raymond Community Expert Joined: 03 Jul 2009 Posts: 1189 Location: Irvine, California 27.86 Dollars($)	Posted: Fri Dec 16, 2011 10:29 am    Post subject: Like 0 Dislike 0 No _________________ Raymond Denton www.RaymondDenton.com
Guest	Posted: Wed Jan 04, 2012 4:48 pm    Post subject: Like 0 Dislike 0 Deeds are normally recorded in county records. No need to retain the original copy. If the land was correctly deeded to you AND the deed was recorded, you should be OK.

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