I have been in the lending business for the past 3 years. As of now, the demand from that market is high that I cannot accommodate their funding requirements. As such, I am opening the doors for possible partner/financiers.
For security, collaterals that will be covering the loans will be provided to the partner/financier. Aside from the physical document (title, ownership, etc.) the annotation will be under the name of the partner/financier. I will handle the necessary credit investigation and verification but the partner/financier will also have the free hand to conduct this if requested.
The net interest that will be received by the partner/financier will be 4% per month. I will just charge a minimal 1% interest and agent's fee to the borrower.
To give everyone an idea, I currently have:
1) a property (condo unit) in The Fort, Global City with market value of 2.8M being mortgaged for 500K
2) a 2004 model Nissan xtrail automatic 4x2 with market value of 340K - mortgaged for 180K.
3) A 300 sqm lot with 2 concrete houses at a prime location in Antipolo City with market value of 3M being mortgaged at 1.5M
Please do get in touch with me at 09164491844 so we can further discuss this exciting income opportunity!