Jun 13
Creative financing with loans Firstly, you need to obtain funds for a deposit that is organised by applying for a personal loan (secured or unsecured). Usually a secured loan is secured on your assets and an unsecured loan is based on your income level. Once you have received the loan, you place it as a deposit against a mortgage on the property you are purchasing. You need to ensure that you have made sufficient provisions to service both the loan and mortgage payments to carry the finances
