Lending object

In general, an asset that serves as the basis for a loan to be granted by the bank. – In particular, pledges – such as land, houses or condominiums – that serve as collateral for a construction loan. – See upper lending limit, loan-to-value ratio, mortgage lending value, Regulation on the Determination of the Mortgage Lending Value (Beleihungswertermittlungsverordnung), cover verification.

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