A bank these days can lend upto 80% of the total cost of the project (land + permits + construction + sales). This means in order to make a project possible a developer only needs to come up with 20% of the money required themselves, with the rest being borrowed. A good project needs to
Up till now, people in need of a loan came across a great deal of promises and especially high interest rates from credit providers and tedious complex bureaucracy at various lending Institutes. Meanwhile, people with some spare money don’t have many options to gain attractive interest rates on it. Now, imagine a place where on
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On this episode of China Uncensored, it turns out that lending money to strangers on the internet can be kind of risky. Hi, welcome back to China Uncensored. I’m your host, Chris Chappell. It’s scarier than Jurassic Park. More terrifying than Jaws. And way more…serious than The MEG. It’s the peer-to-peer loan crisis in China.
It is an abomination. The Department of Education is a profit-making entity. Student loan debt now exceeds credit card debt. More than a third of college loans are delinquent. Forget about delinquencies. Let’s talk about default rates. The federal government is now hiring private creditors to harass students to pay back their federally subsidized loans.
(playful instrumental music) – I am in student debt. I have $25,000 in student debt. – $21,000. – $33,000. – I’m about $42,000 in debt right now. – $12,000 of student loan debt. – $30,000. – Say at least $10,000. – Almost $50,000. – 20 or 22. – $23,000 – At least $200,000. Yeah. –
Hi everyone in this installment of our summer patio series, I’m going to talk about the second important Ratio that is used in your mortgage application it’s called total debt service ratio or TDS Now earlier we talked about and defined what gross debt service ratio is. Iin this case we take that calculation, all
Hi everyone, this is Dave Fullerton and in this installment of our summer patio series I’m going to explain what gross debt service ratio is or GDS? When you are completing an application and we submit it for lender approval we have to show the mortgage payment plus heat, property taxes and in the case
welcome to define org a globally available decentralized and secure lending platform our mission advancing trust growth and simplicity through the blockchain here we have Alex and he has four thousand dollars in his bank savings account it earns close to zero percent interest he wants his money to work for him so he's lending