Thursday, 3 May 2012

Recourse Vs Non-Recourse Loans

If you are applying for financing to invest in a real estate, you have two loan options open to you in the form of recourse and non-recourse loans. While both have similarities related to the lender's hold over the asset, there are significant differences. Knowing these can result in major benefits depending on your location and the funding option you decide to seek.

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