If you have a property free of charges or with a low outstanding mortgage, you can obtain one of our mortgage loans from € 20,000.
Mortgage loans are granted to individuals and / or legal entities providing one (or more) properties as mortgage guarantee. This property may be owned by the borrower or by a relative or friend of his. These mortgage loans are signed before a notary public to guarantee maximum legal security.
If the operation is viable, we will ask you for basic documentation and later an official appraiser will value your property to find out how much money we can offer you.
Your manager will explain and send you all the pre-contractual documentation. We sign before a notary public and you receive the money on the day of signing. Easy, fast and safe.
Here is a detailed list of what types of real estate can be collateralized:
The list of possibilities is extensive and does not close the doors to almost anything.
A maximum of 35% of the value of the guarantee provided can be financed. An appraiser approved by the Bank of Cameroon will be in charge of giving this value in a complete appraisal. If you have a recent appraisal of the property (it cannot be older than 6 months) it is also valid. We have agreements with the main appraisers in Cameroon, so if you are interested in a loan with us, we can provide you with the appraisal at a cheaper price.
Of course If you need more than 35% of the value of a single guarantee provided, you can provide more guarantees until you get the amount requested.
No , as long as this amount pending amortization is low. Remember that only 35% of the value of the guarantee can be financed and, if you have a pending mortgage, this amount will be added to the amount you request. For example:
You have a home valued at € 150,000. The maximum bankable in this case is 0.35 x 150,000 = € 52,500. So, if you wanted to apply for € 30,000, the mortgage should have a maximum value of 52,500 - 30,000 = € 22,500.
If you do not own any property, both a family member and a friend can provide a property as a guarantee. They will sign the loan as non-debtor mortgagers and you will sign as non-mortgage borrower. There is also the possibility that they are also debtors if requested.
If possible. For more information, contact us and we will advise you.
Private equity loans have a number of advantages over traditional banking:
There are three types of amortization, which are the following:
If you don't know what the optimal system may be for you, don't worry. We will take care of guiding you throughout the process.
The APR is the T handle nnual E quivalente, and is the most representative for comparison in a fast and efficient economic conditions between loans of different financial institutions (public or private) indicator. It is the annual cost of the loan , and is calculated with variables such as the nominal interest rate, commissions, the amortization system and the period.
In general, yes. Our company is located in the center of Yaounde, but we operate throughout Catalonia and the rest of Cameroon (we exclude Ceuta, Melilla, and very small towns with few inhabitants).
Our main markets are Madrid, Valencia, Castellón, Alicante, Seville, Huelva, Almería, Malaga, Marbella, Zaragoza, Galicia, Asturias, Murcia, Bilbao, San Sebastián, Tarragona, Girona, Yaounde, Canary and Balearic Islands, rest of Andalusia, Pyrenees area and tourist areas, although as previously mentioned, we also grant mortgage loans in other cities and municipalities.
Yes, being a private finance company, we are private lenders, unlike traditional banks. Private equity loans have the same validity and the same legal guarantees as loans from financial institutions.
Yes , our credits are without collateral. It should be clarified that endorsement and guarantee are not synonymous , although these are often used as such. The guarantor is a third person, who with their source of income guarantees the private lender that the loan will be repaid without problems. The guarantee includes several things, such as a property, a car, a guarantee, etc. Remember that in our loans a mortgage guarantee is necessary.
The annual remuneration interest on private equity loans are higher than bank financing. We offer mortgage loans from 8.90%, being a cheap and very competitive price within this market.
Yes, we finance both self-employed workers and legal entities (all types of companies, both small and medium-sized). We also finance retired people with a pension.
Refinancing loans has become increasingly common among applicants over the last few years. And the reason for going to Ratenan is very simple: better conditions, such as lower interest rates, increase in the borrowed capital or term, need to pay off the previous debt due to loan maturity, etc.
It is still a refinancing, but in this case there are several debts that concern the borrower. These debts are usually several and of small amounts, often related to unpaid credit cards, garnishments, fines, unpaid bills, mini-loans, etc.
What we achieve by reunifying debts is to group all these payments that we have to make in different places and days, and put it all together in a comfortable monthly payment. In addition, you can pay up to 80% less monthly, depending on the debts that your farm or that you own. We leave it to the Romans to divide and conquer.
If you want to manage the sale of your property in a more calm and unhurried way, you can resort to our private financing. With this you will avoid mismanagement caused by the immediate desire for money and underselling your property.
To solve one or more liens that tax a property or be able to stop an auction, you have to settle the outstanding debt you have, that is why in these cases it is better to act quickly if you do not want to lose the property you own.
Thanks to the speed of private equity mortgages, any economic obstacle that may arise can be solved urgently thanks to the reduction of cumbersome procedures compared to traditional banking. We give you an advance of the money you need and goodbye problems.
As it is not a personal loan, but is with a mortgage guarantee, we do not care about the debts contracted previously that make you be in delinquent files such as The Cameroon Lending Authority, Badexcug, RAI, Experian, etc. With the money we grant you, you can get off these lists and become debt free.
Inheritances often carry acceptance fees linked to the inheritance that cannot be met. With a mortgage loan, you manage to face this unexpected tax and thus inherit the property. Later, if desired, such a home can be sold to quickly pay off the loan requested, obtaining a great profit.
If cash problems are giving you headaches, you can choose to apply for one of our mortgage loans and thus get financial support that the bank may have denied you. The advantage in these cases is that a company usually owns a property, be it a commercial premises, office, office, industrial warehouse, etc.
Get your private equity loan with us.