Redefining And Simplifying

Lending in today's world is incredibly complex for both the borrower and the lender. Whether the loan is for business or personal reasons, it's not always easy to choose the right type of financing and arrive where you planned when the process is over. We are here to guide you through the process and ensure you understand all of your options so you can make the best decision for your situation.

However, most people depend on lending to get ahead in life. Millions of families use mortgage loans to build homes that let them grow. Loans are critical for business owners to operate and expand their businesses and lenders provide a vital service by making financing available. At Gerner & Kearns Co., L.P.A., our experienced real estate law attorneys take immense pride in redefining lending as a more pleasant and predictable experience for all parties.

The Laws Underlying Lending

When you're a borrower obtaining a loan or a lender providing financing, a complex body of laws is working behind the scenes to ensure that things go as planned. Lenders, for instance, have to adhere to fiduciary duty obligations, disclosure requirements and other rules and regulations. Borrowers, meanwhile, must commit to repaying their loans as promised. No matter which side you're on, you will have to deal with expected challenges and possibly unexpected legal matters involving:

  • Understanding what the lender is saying and choosing from the long list of financing options
  • Understanding the borrower's goal and the transaction so the lender can help make proper choices and be a better facilitator
  • Examining, analyzing and insuring a property title
  • Comprehending and signing complex loan documents involving personal and business obligations, real estate and other business assets
  • Encountering surprise or unexpected charges, rate changes, prepayment penalties and assets that were unknowingly pledged
  • Resolving disputes or providing a bridge between lender and borrower when communication breaks down

It's hard to anticipate which of these topics might come into play in your case, so comprehensive preparation and good advice is usually the best course of action. At Gerner & Kearns Co., L.P.A., our attorneys can help you stay on your toes by guiding you and keeping you well-informed throughout the process.

With you every step of the way

It'd be nice if lending was always straightforward, but the high-value and complex nature of many transactions makes it prudent to have exhaustive legal protection. Transactions can take time to complete and we help you navigate every planned step and unexpected surprise. Whether you're seeking a loan for a residential or commercial property, you need to have your bases covered — and this demands a legal team that's dedicated to seeing things through from start to finish.

At Gerner & Kearns Co., L.P.A., we are fully prepared to help you understand what your loan or mortgage means and how the law can help you get the maximum value from it. Call 513-241-7722, or send us a message online, to learn more. With offices in Florence, Newport, Cincinnati and Lawrenceburg, we help lenders and borrowers throughout Kentucky, Ohio, Indiana and Michigan.