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Why your land title may no longer secure you a loan

Lenders are increasingly being forced to look past static assets to focus on a borrower’s cash flow. [Courtesy]

For years, if you wanted a large loan, you would take your title deed over to the bank.

That document alone was often enough to secure credit. Not anymore. Today, lenders are struggling with loan books and inventory full of repossessed homes and land that they cannot sell.

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