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NEED HELP ABOUT HOME LOAN
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<blockquote data-quote="kosandpol" data-source="post: 3369693" data-attributes="member: 105851"><p>If you're going for home loans, try to get from the National Housing Development Center, State Mortgage Bank or NSB. Those 3 has the lowest interest rates in the country with NHDC having the lowest.</p><p>As stated above, you will be have to less that 55, a permanent employee with a salary large enough to pay the monthly amount, CLEARED title and deeds for the land or house.</p><p>Depending on the bank, you will get 60%-75% of the total value of the house as the loan.</p><p>All 3 of above institutes/banks gives a fixed rate for the loan.</p><p>ALL other banks in the country have a much higher interest rate and most of them has variable rates. HSBC is the only bank that gives 80% of the value required but their interest rate is the highest and their rate changes from time to time.</p></blockquote><p></p>
[QUOTE="kosandpol, post: 3369693, member: 105851"] If you're going for home loans, try to get from the National Housing Development Center, State Mortgage Bank or NSB. Those 3 has the lowest interest rates in the country with NHDC having the lowest. As stated above, you will be have to less that 55, a permanent employee with a salary large enough to pay the monthly amount, CLEARED title and deeds for the land or house. Depending on the bank, you will get 60%-75% of the total value of the house as the loan. All 3 of above institutes/banks gives a fixed rate for the loan. ALL other banks in the country have a much higher interest rate and most of them has variable rates. HSBC is the only bank that gives 80% of the value required but their interest rate is the highest and their rate changes from time to time. [/QUOTE]
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