Home Buying
Beyond Mortgages: Understanding Chattel Loans for Movable Assets
Beyond Mortgages: Understanding Chattel Loans for Movable Assets. Learn how chattel loans work, their advantages, and when to consider them for financing movable property.
A chattel loan is a great option for financing movable assets. Unlike traditional mortgages, which are secured by real estate, a chattel loan is secured by movable personal property. It is ideal for individuals or businesses looking to finance assets not permanently attached to land.
However, the only way to know if this type of financing is right ...
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