The lender usually requires a first-rank mortgage on the property.
In some cases, financing with a second-rank mortgage is also possible, depending on the value and risk of the project.
Additionally, a guarantee may be requested — this can be a personal guarantee or a guarantee from a limited company or holding, particularly with higher LTV or LTC ratios.
Bridgeloan itself does not require collateral; we mediate between you and the party providing the financing.
