... they will lend you money if you have assets with a value equivalent to the amount you need to borrow as collateral such as real estate, houses...
You maybe right on the first, but wrong on that part. ^^^
if you don't have the capacity to pay, they'll never give a loan that is equivalent to the value of asset you can put as colleteral.. it doesn make sense, how can they profit if they will dispose that? best practice is, they'll lend you money 50% or lower on the value of your collateral. I know that because I was a banker when I was still at the corporate world, but decided to get out on the rat race.