"loan" in inglés with examples - Collocation dictionary inglés
- "That means they have to convert their share loans into mortgage loans on the unit."
- "A lender doesn't want to make a share loan in a building that is financially unstable," he said.
- Owners of co-ops that become condos must also convert the individual share loans on their apartments to conventional mortgages, he said.
- Then the estate would automatically see the value of the shares raised to the then-current market value, and the share loan could be repaid.
- Moreover, they said, the indication of unpaid taxes on the city's records would make it difficult for buyers to get share loans.
- But buyers of co-ops generally don't get title insurance, even when they take out share loans (the equivalent of mortgages).
- The requirements of many lenders, however, go beyond having only the filed UCC-1 form as security for a share loan.
- "You are going to get scrutiny not only by potential buyers but from share loan and blanket loan lenders."
- We have no underlying mortgage on the building and only two of the co-op owners have share loans.
- He said that in most such situations, a main impediment is the need for the approval of all lenders who hold share loans.
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