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Real Estate Loans in Adams, NY
Redwood Bank - Adams, NY - Phone: (315) 232-4517
Watertown Savings Bank - Adams, NY - Phone: (315) 232-4515
Helpful Definition for: Real Estate Loans
Real Estate Loans fall under the category of secured loans where they are protected by an asset. In real estate loans, real estate properties are kept as a security against the loan amount that is being taken by the borrower. Real estate loans in Adams are not only applicable against residential properties, but are also used against commercial real estate properties. Many business organizations in Adams apply for business loans and keep the commercial properties as collateral.
Home loan is a type of real estate loan where the lender keeps the home as a security against the loan they lend to the borrower for financing other activities.
Recent Business News for: Real Estate Loans
Riverview Bancorp Revises Fiscal Fourth Quarter and Year End Results - MarketWatch (press release)
Riverview Bancorp Revises Fiscal Fourth Quarter and Year End ResultsMarketWatch (press release)NPLs decreased to $44.2 million, or 6.45% of total loans at March 31, 2012, as a result of an additional charge-off of $867000 on a nonperforming commercial real estate loan. The additional provision for loan losses was primarily related to three ...and more »
