Investments in securities—such as stocks, bonds and money market funds—are acceptable liquid assets. Some institutions allow the applicant to borrow against market value of their investments. In such cases, these margin loan funds are treated as secured loans.
Was this article helpful?
This book makes it easy to not only buy a home, but figure out everything that you need to do, even get a loan. In simple and easy to understand language, it talks about where you should buy a home, what to look for in a home, how to find a home, how to get an agent, how to get a mortgage and more. This is a step by step process that you, a new home buyer, can use to purchase a home.