Loan against real estate collateral Friendly Lender.

 Have you been thinking about buying a new home for a long time? Plans on realizing these ideas, but have never been put into action? To buy another home, mortgage loans can help you. To convince yourself that the idea fits your situation and desires, read the article and find out what real estate loan is, why it’s often the most advantageous option when buying a new home, and what to keep in mind!

Loans against real estate collateral are issued on various occasions, the most common of which is to:

  • purchase real estate;
  • extinguish various utility debts;
  • to carry out economic activities;
  • establish or develop a business;
  • to cover construction costs, etc.

In the following article, we will look at one of the most frequently cited reasons why people choose to settle this type of credit obligation with their banking sector lenders – a new home.

Mortgage loan – what is it?

Mortgage loan - what is it?

Maybe you’ve heard a term like mortgage? If so, you can rest assured that this is a sign of equality as a mortgage loan because it is one and the same. It is a:

  1. a long-term loan, the repayment of which may be contracted for up to 30 years, during which the amount specified in the loan agreement must be repaid;
  2. a relatively low interest rate loan, which means that you will not have to pay too much in repaying the loan;
  3. loan, the amount of which depends on the market value of the mortgaged real estate. In most cases, the loan amount is 50% -100% of the value of the pledged property.

Loans against real estate collateral – from antiquity to the present

Do you know that the term “mortgage” in French means “mortgage”? This is because there were only two ways to terminate a loan, either by paying off the loan in full or by foreclosing on the property.

How did it evolve?

How did it evolve?

  1. years. Before that period, we did not know the mortgages they are today. In the early 20th century, credit institutions provided mortgage loans, providing less than half of the total mortgage that was due in 3-5 years.
  2. years. When the US hit the crisis, it changed the way mortgage lending was done. Cheap, readily available and affordable mortgages have been provided since the government intervened.

Present day. The gold middle ground has now been found – allowing a longer repayment period but limiting who is allowed to take out mortgage loans.

What will be required when entering into the contract?

What will be required when entering into the contract?

In case of conclusion of the agreement, the bank will require different data and different conditions, including:

  • currency. The currency of the loan is an essential rule. You need to understand which currency is most advantageous and evaluate which one will help you most during your loan repayment. As a general rule, it is advisable to choose the currency in which you receive money daily into your account so that you do not lose the amount of money when converting money to a credit currency;
  • interest rate. In the case of a mortgage loan, you should forget about the 100% commission discount as this is a long term loan. Choose the interest rate that will guide your loan repayment;
  • guarantor. It is also referred to as credit to borrower. Why is it? Because it is this person who will answer if you do not make your payments on time.

It is the guarantor’s need to distinguish long-term loans from short-term loans. In the case of long-term credit, this is important because the amount of the loan is much higher, as is the repayment time.

What is the importance of the payment schedule?

What is the importance of the payment schedule?

This will not change the cost of your loan repayment. Each borrower, when concluding a long-term contract, gives the lender the choice of the type of payment they wish to use. What are they?

  1. Equal payment. This means that you will have to pay a constant, constant amount throughout the repayment period, which has its advantages, such as the always known monthly expenses.
  2. Descending payment. This means that you will pay a higher amount at the beginning of the repayment period and decrease each month. This type of drawback also has its advantages, for example that although the initial repayment is above average, it will be significantly lower in the final period.

No extra cost!

No extra cost!

It should not be forgotten that in addition to the loan amount, you will have to spend a relatively large amount on the preparation of various documents before the conclusion of the contract, for example:

  • preparation of a lump sum;
  • credit assessment;
  • pledge registration;
  • market valuation of housing, etc.

It should be noted, however, that each lender has different rules, so the amount of money and the amount of documents may fluctuate. How to get a loan?

Receiving – fast and easy

Receiving - fast and easy

With the advancement of modern technology, on-site appointments and paper signing are not excluded when real estate credit is required. Four steps are required:

  1. find the best option. Mortgage loan is a standard offer for various known long-term lenders and it is advisable to consider all options before finding a contract to find a relatively suitable one;
  2. contact your lender. Each lender offers to contact them either by completing an application or by calling the designated customer service number;
  3. get advice. When examining your application or receiving a call, the consultant will make the most suitable offer for you and your wishes and needs by speaking to you over the phone;
  4. Make a deal. Once you’ve got all the necessary documents, you can go to the lender to sign the contract and get the amount you want, which you can then use as you see fit.

We at Arep Mabin, a non-bank lender, remind you to borrow responsibly as you evaluate your chances of repayment!

Interest – free credit and its benefits.



The answer is simple – to get the amount you want into your account quickly and without complicated formalities. This is most often in the form of interest-free credit. Most non-bank credit institutions offer a 100% commission on their first loan, thus attracting new customers. Particularly beneficial interest-free credit is with us, the safest and most responsible lender in the non-bank sector. has more information

What is an interest-free loan?

What is an interest-free loan?

  1. This is the type of loans offered by the lenders in the banking and non-banking sectors. No collateral is required and no interest rate is charged by the lender. If your choice is interest-free quick loans, no collateral and no guarantee is required.
  2. You may have heard the name of another interest-free loan. They are also called “first interest free loan”, “100% commission credit” and “fast interest free loan”.
  3. The interest-free loan will have different terms of issue and will be determined by the respective bank or non-bank sector lender.

Interest-free credit means that you give back to the lender the amount you originally borrowed. For example, if you are in urgent need of 150 USD due to a doctor’s visit, you can be sure that you will have to return exactly 150 USD. No more, no less.

In order to receive a non-interest-bearing credit, the terms and conditions of the loan must be met. What are they?

  • You must be a citizen or non-citizen of the Republic of Latvia with a permanent residence permit.
  • Your age is between 20 and 70 (not always dependent on your credit institution).
  • You have not previously breached your credit obligations or delayed payments to other credit institutions.
  • You have regular income corresponding to the loan amount.

Most non-bank lenders offer the option of obtaining no registration fees, but this has both advantages and disadvantages. Lady Macbeth has all the benefits in one place!

Interest-free credit with us is a handy solution for those who know how to plan their finances. We are:

  1. interested in successful cooperation – if you are unable to repay the loan, you have the opportunity to extend the interest-free loan repayment term by 30 days;
  2. fast and fast – you get the amount you need from $ 50 to $ 425 in your bank account in about 10 minutes;
  3. customer-oriented – we make sure our customers are solvent, so we’re able to borrow people between the ages of 20 and 75.

Before you say yes to fast credit without a commission, think twice. There are two basic rules for anyone who wants to borrow money.

  1. Is it really necessary in the current situation?

Sometimes it seems that interest-free credit is needed and you can’t do it, but think twice – is the situation really that urgent? The shoes you watched at the store and at any price you want right now. Maybe it is worth the wait until your next payday?

  1. Will repayment of the loan not worsen the current financial situation?

If you’ve decided that interest-free credit is really needed at this point in time, consider whether it won’t be harder to give it away tomorrow than to survive today without it! Also keep track of your monthly loan payments and make sure they do not exceed 40% of your monthly income!

Be careful before entering into any credit obligation! However, if you have decided on interest-free credit, don’t forget:

  • get acquainted with the terms of the contract, which depend on the lender;
  • pre-contractual information to avoid unwanted contractual disclosure during the repayment period;
  • feedback from borrowers;
  • keep track of your budget to make your loan repayment within the contract term!

Why borrow from Lady Macbeth?

Because getting a quick loan from Lady Macbeth is relatively easy:

  • it does not require a pledge and guarantee;
  • it can be obtained within approximately 10 minutes if the application is sent during the lender’s business hours;
  • the return time is at your own discretion (within the minimum / maximum offered).

How to borrow?

How to borrow?

If you think the obstacle to paying off your interest-free loan is the long, tedious and complicated process, you are mistaken. In today’s technology, it’s faster than you can imagine!

You have three simple steps to take

You have three simple steps to take

  1. Register and choose the loan amount and term

In order to get a loan, you only have to register with us once (it will only take a few minutes), choose the amount you want to borrow, and the repayment term – 10 to 30 days – when evaluating your loan repayment options.

  1. Confirm your profile

To verify your profile, we will need to transfer a minimum fee of 0.01 USD from your account to make sure that you have entered the correct account number and that the fast credit without registration fee will reach you.

  1. Get the money

As soon as we receive your application, we will review it and decide if the interest-free loan will be granted. If you receive a confirmation message or email in a few minutes that the interest-free credit has been granted, we will transfer the money to your account immediately. How long it takes to receive your money depends on which bank you open the account with.

Think you wouldn’t go to the forest without an ax, would you? So don’t apply for a fast loan without a plan on how to repay it! If the situation is urgent, we will help.

Lady Macbeth is a responsible lender, so we encourage you to be one as well. Borrow responsibly when assessing your solvency!