What Is a Cross Collateral Loan?

Answer Cross-collateral loans serve a variety of purposes, ranging from allowing families to move into larger homes as they grow to providing investors the chance to use the equity in their property to ex... Read More »

Top Q&A For: What Is a Cross Collateral Loan

What Is a Cross Collateral Mortgage?

Cross collateralization is a method used by lenders to add more security to a loan transaction. It is accomplished by the lender placing a lien on another property in addition to the property that ... Read More »

What is a collateral loan?

A collateral loan means that the borrower has pledged some type of property as security for the loan. Examples of collateral loans are auto loans and mortgage loans. The terms can vary from lender ... Read More »

What do i use as collateral (security) on a secured loan?

On One Hand: Homes and Cars, Stocks and BondsHouses and automobiles are the most common forms of collateral for secured loans, according to ZeroMillion. Denver Business Journal adds that you can al... Read More »

What type of collateral do i need for a loan?

On One Hand: Most Personal Assets Can Be Used as CollateralAccording to Bank Hunting, any assets used to secure a loan fall into four categories: deprecating collateral (for example, automobiles an... Read More »