USA Based Non-Recourse Mortgage Lender is Coming to Europe

NET LIFE Financial, the USA based non-recourse and non-credit based mortgage and finance lender, seeks immediate mergers and partnerships to launch its products in Europe.
By: Carl Prescott
WESTMINSTER, U.K. - April 22, 2015 - PRLog -- After seeing the European mortgage and finance markets struggle for so long and without resolve, NET LIFE Financial has decided to immediately begin seeking mergers and partnerships with European institutions and entities for which to offer the NET LIFE Mortgage and Finance Products.

NET LIFE is the originator of various non-recourse and non-credit based financing models such as the LCMO® and LCDO® residential and commercial mortgage and lending products.  A NET LIFE LCMO® (Life Insurance Collateralized Mortgage Obligation) or a LCDO® (Life Insurance Collateralized DebtObligation) is a 150% secured instrument comprised of two commonly used industry-standard mechanisms: first, an asset, such as a first mortgage on a home, and, second, a life insurance policy of which NET LIFE pays on behalf of the Client.  When the two parts, the mortgage and life insurance policy, are combined into one financial product, an LCMO® or an LCDO® is created and becomes the most advanced and innovative method of non-recourse and non-credit based residential or commercial financing, as well as, one of the most secure investments available on the market (150% secured and collateralized).  The NET LIFE LCMO® and LCDO® Mortgage products represent a joint and combined corroboration between the Client and NET LIFE for which to secure affordable, and competitive financing without having to utilize credit, or credit history.

“For both the consumer and the investor, the key factors in any product are: financial stability, security and mitigating risk,” stated Glen Raymond, Chief Operations Compliance Officer for NET LIFE Financial.  “None of us will ever forget that it was a lack of actual substantive security which recently took-down the housing, financial and investment industries; nothing of real worth was there for backing-up values – just hype.”

Because NET LIFE uses two forms of security for which to collateralize 150% of its mortgage and investment products, the end result is a fully secured, and, in the case of a default, self-liquidating instrument where neither the markets, nor the investors are at risk.  Further details as to the make-up and function of NET LIFE LCMO®, LCDO® and other NET LIFE Financial products will be defined and explained including all features on future web published podcasts and tutorial online videos.

Any and all lenders, insurance companies, banks, funds, and other entities and/or institutions are encouraged to immediately reach-out to NET LIFE Financial.  “Greece, Italy, the UK, Spain and other countries can now have an immediate and very substantial fix to their ongoing mortgage and finance troubles,” says Raymond.  “The best part about NET LIFE and its product line is that it is made-up of current and existing products that the consumer already understands.  We simply package it for the benefit of everyone; the user and the investor.  It’s a time-proven win-win all around.”

Media Contact
Carl Prescott, NET LIFE Financial
+1 (571) 249 - 4257
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Tags:Mortgage, Insurance, NET LIFE, Business, Alternative
Industry:Banking, Insurance
Location:Westminster - London, Greater - England
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