Loans What's the highest amount you've collected from the mortgage bank?

sincerem

VIP Contributor
I've heard and seen people getting higher loan chances with mortgage banks, even the online apps offer higher loan to its customers unexpectedly. I never get the chance to have a higher loan from any mortgage bank before. I've tried to borrow before from my bank, but they never offered me any loan amount. I tried online loan app, I wasn't offered a loan even when i am not having a bad record taking loans before.


I referred my sister to an online loan app, they offered her loan when she is having outstanding loan with another app, but I wasn't offered a loan when I'm not having any outstanding loan.

How much loan have you received from the mortgage bank?
 

Mandy96

Valued Contributor
I haven’t received any mortgage loan, but if you want an instant loan I will advise you to try payday loans, it doesn’t require credit check. Almost everyone has the opportunity to be approved for loans like this. It doesn’t even ask for much informations or documents. You just need to have a fair credit score to have higher chance of getting approved
 

btaliat

VIP Contributor
I am sorry if I digress a little bit. Mortgage means those that borrow money in order to pursue a project like maybe house, car or any other assets. Mortgage can even cancel the loan of it is not used for the purpose it is stated. If the poster means this, I haven't borrowed money from mortgage before.
 

sincerem

VIP Contributor
I haven’t received any mortgage loan, but if you want an instant loan I will advise you to try payday loans, it doesn’t require credit check. Almost everyone has the opportunity to be approved for loans like this. It doesn’t even ask for much informations or documents. You just need to have a fair credit score to have higher chance of getting approved
I don't know if it will work for my country dear. It might be easier for you due to your demographic, unless you're saying we are coming from same demographic. I've tried many times for loan, only yesterday I got a chance to take a $10 loan from an online loan app. For now I'm not borrowing again, till I repay my outstanding loan.
 

Alexandoy

VIP Contributor
With mortgage I had only tried a bank loan when we purchased our home. The amount of mortgage was 1.6 million pesos which is $32,000. The amount of mortgage was based on our capacity to pay which is the sum of my salary and my wife's salary. The loan officer said that we could have bought a bigger house with our capacity to pay but we do not need a big house. I have no experience with online loans.
 

sincerem

VIP Contributor
With mortgage I had only tried a bank loan when we purchased our home. The amount of mortgage was 1.6 million pesos which is $32,000. The amount of mortgage was based on our capacity to pay which is the sum of my salary and my wife's salary. The loan officer said that we could have bought a bigger house with our capacity to pay but we do not need a big house. I have no experience with online loans.
That's wonderful to hear about your experience with mortgage bank loans. Securing such amount of 1.6 million pesos from your mortgage bank is indeed worthwhile. I understand it was only possible cos you and you're wife are working class people. Online mortgage works similar to offline but you don't need collateral for it.
 
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