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Private Lending Services For Borrowers In Miami

By Expert Author: Albert Mitchell

Money is required by everyone, from business man to laborer. The only difference is the amount of money required. Every economic activity in the world is done to earn money. Life is uncertain and if we are the only source of earning for our family, we are required to face financial problems. We don’t have choice but to have finance for each and every necessarily of people depending on us. Food, clothes and home, everything requires money. It might be possible that we need to borrow finance.

The fast, easy and best way to borrow finance is by mortgage our assets like land, building or house. It is always recommended to go for mortgage loan as it is secured against property so lenders charge low rate of interest. In case borrower fails to repay the loan, lender can sell the assets and settle the borrowed amount. There are some mortgage lenders in Miami, Florida who lends money and trap people on hard terms and high rate of interest. “Benworth Capital” is a licensed mortgage lender Miami. They offer private lending to borrowers against property. They are offering traditional and non-traditional resident mortgages, commercial mortgages and construction financing. “Benworth Capital” provides long term finance for various requirements like finance for primary or secondary loan, builds a custom house and income producing projects, acquiring property or to operate business. These types of loans are normally not addressed by commercial banks and traditional lenders. They also offer short terms loan for legal matter, sale of assets, borrower looking for temporary finance until another property sold or lease, to secure a property or to lock an attractive price.

There are two types of mortgage loan. One is fixed rate mortgage loan under which the rate of interest remains fixed for the entire term of loan. Second is fluctuate rate mortgage where the interest rate change as per the market index. “Benworth Capital” mortgage lenders in Miami, Florida have offers both loans and many other advantages to their borrowers such as eliminate prepayment penalties, interest only on payments, finance decision within 24 hours, receiving finance in 2 days and many more. “Benworth Capital” underwrites loan to international borrowers. International borrowers that are seeking to acquire commercial property, residential property, and incoming producing property are assisted by mortgage loan. Underwritings standards are primarily based on borrower’s ability to repay the finance. They provide finance from $40000 to $4million. All necessary details about loan and conditions are available at benworthcapital.com

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