Product Overview
Mortgage Loans are offered to individuals earning foreign exchange and reside either locally or overseas.
Product Details
Target Groups
- Age range: 25 – 55 years
- Gender: No restriction to gender
- Characteristics:
- Individual or couples
- Professionals, Entrepreneur or employed individuals
- Individuals with earnings in foreign currency
- Income level: None defined
Features
- Up to 90% financing on the market value of the property
- 4.25 – 5 % per annum on Foreign Currency Mortgages (USD/CAD/POUNDS)
- Also available in Foreign Currency Mortgages (USD/CAD/POUNDS)
- Loan terms up to 35 years (consideration given to extended tenures up to age 70)
- Processing fee is applied to these loans
Selling Points
- Affordable financing for professionals wishing to maintain hard currency holdings
- No restriction for multiple homeowners
- Fast turnaround on loan approvals
- In-house registration makes the process faster and less expensive