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  • Profile photo of astral_manastral_man
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    @astral_man
    Join Date: 2007
    Post Count: 1

    re X colateralisation. I’m new to all this but….No one has mentioned the “All Monies Clause” that Banks employ. My understanding is that with a X C loan set up, the bank, under the all monies clause, can acess all and any of your assets to recliam thier loan. Not good. I also believe that they will only stretch finance about as far as the equity limit amount on you initial proerty. Al

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