GH Bank announcement Subject: Mortgage Fees
|
|
- Cuthbert Stevens
- 7 years ago
- Views:
Transcription
1 GH Bank announcement Subject: Mortgage Fees No. Types of fees Fee Rate (Baht) Terms / Remarks 1 Appraisal Fees 1.1 General retail loans; Refinancing and welfare loans without Bank deposits Appraisal fees will not be refunded if loans not approved - Loan amounts not exceeding Bt500,000 1,900 per appraisal - Loan amounts Bt500,001 3,000,000 2,800 per appraisal - Loan amounts exceeding Bt3,000,000 3,100 per appraisal Borrower with more than one property as collateral - Collateral in same area or district, appraisal fee will be increased by 50 %. - Collateral in different area or district, appraisal fee will be increased 100%. 1.2 Appraisal fees (valuation companies) for Regional Branch Business Units as follows; (1) Reviewing Nor Sor 3 Kor, title deed before completing juristic act (2) Reviewing collateral for Highway Department connection request (3) Reviewing collateral - to split title deed and release part of mortgage (4) Reviewing collateral when deed borrowed for use as collateral (5) Reviewing collateral when property subject to rental agreements. 1,000 1,200 1,200 1,200 1,200
2 1.3 Reviewing appraisal value fees. When borrower appeals appraisal values and Bank determines property value. 1.4 Appraisal fees Flats and rental housing Project development 1.5 Appraisal fees Purchasing Legal Execution Department assets 1.6 Appraisal fees - NPL properties 1.7 Appraisal fees - debt restructuring properties Appraisal fees - GHB 2U restructuring program Appraisal fees refinancing 1.8 Appraisal fees Bank NPAs 500 5,000 5,000 1,600 1,600 1,600 1,600 1,600 (Rate effective June 16, 2009) (Rate effective June 25, 2009) 2 Appraisal fees rental properties Fees as follows: 2.1 Rental income valued as collateral 2.2 Determining construction progress for loan disbursements 3 Project inspection costs Appraisal fees not refunded after appraisals begin
3 (for long-term funding) 3.1 New project inspection 3.2 Project extensions 3.3 Changing building designs or costs 3.4 Public utility checks 3.5 Certificate - of land for building, construction, land use and condominium development 3.6 Document reviews (Aor Chor2, Aor Chor10 or use of property deed owned by others 3.7 Reviewing project developer appraisal values. The Bank will determine appraisal values 4 Fees for extending project completion dates (long-term funding) - If project has fewer than 20 customers and loan amounts not exceeding Bt20 million 10,000 5,000 2,500 1, / room 500 5,000 10,000 (can be from more than one project) (Rates effective June 2, 2008) (Rates effective June 2, For projects from December 31, 2010 (effective October 10, 2011) 5 Appraisal fees for project developments (flat and house rentals) including new and additional loans Fees charged per project 6 Reviewing building construction costs for loan disbursal 6.1 General retail loans and all welfare project loans 6.2 Loans for flats and project developments 6.3 Rental housing loans Exception: if more than one collateral 7 Fees for registering rights and juristic acts (lump sum turnkey rates) 0.25 per cent of loan amount (amount of loan approved) 800 each time 1,200 each time 1,200 each time 1,200 per collateral Bank collects fee on legal transaction date (effective October 10, 2011) (Effective June 2, Pay at or before review date (effective June 9, 2009) 1,000 per case (Effective January 5,
4 8 Application fees 8.1 Retail loans, project retail loans and refinancing loans (1) Fees for verifying property boundaries (2) Fees for partial release of mortgage collateral (3) Mortgage amendment fees, paying off existing debt, taking on new mortgage, changing joint borrower or changing ownership. Exception: Restructuring loans, changing borrowers or joint borrowers due to borrower death (4) Fees for borrowing title deed from third party, cancellation of mortgage and survey of property boundaries. (5) Fees for loan certification (6) Fees for construction permit verification (7) If borrowers requests to repay mortgage and asks Bank to receive proceeds at Land Office but transaction cannot be completed, Bt3,000 will be charged for additional appointments. (8) Fees for copies of important documents (9) Fees for refinancing letters of credit consent (10) Fees for loan statements (11) If customer requests multiple applications, Bank will only charge the highest fee (one amount). (12) Fee for issuing consent letters for boundary surveys 8.2 Retail project loans 1,500 each time 3,000 each time 5,000 each time 2,000 each time 200 each time 200 each time 3,000 each time 200 per set per year 200 each time (Effective July 2, 2008) (Effective March 24, 2010) Exception: redemptions for changing borrowers or refinancing Exceptions : copies of loan payment invoices (Effective October 5, 2011)
5 Loan commitment fee for long term loans 8.3 Loans to buy Bank assets If original purchaser assigns contract to new buyers - must pay for new Sale and Purchase Contracts 9 Penalties paid at loan application submission: 9.1 Penalties for 3 years or more floating rate loans: (1) Within 1 year from initial loan agreement date (2) Within 2 years from initial loan agreement date (3) Within 3 years from initial loan agreement date (4) Loan to construct flats (repayments after three years). (Effective November 26, 2012) Remarks: Floating interest rate loans (9.1) mean Bank special floating interest rate loans 9.2 Loans with 1 or 2 year floating interest rates and more than 3 year loan terms. Bank charges following penalties. (1) Within 2 years from initial loan 0.50 per cent of longterm loan amount 0.25 per cent of selling price but not lower than 2,000 3 per cent of loan amount 2.5 per cent of loan amount 2 per cent of loan amount 1 per cent of principle balance 2.5 per cent of loan - Fees charged for unused loan amounts will be refunded. - No commitment fees for projects not requiring long-term loans 1.Penalities waived if borrowers qualify under one or more following conditions: 1.1 The Bank has filed lawsuit to enforce the mortgage 1.2 Reorganization 1.3 Accounts closed because of Bank operational rules ie closing initial account when requesting for larger loan, closing accounts to increase number of borrowers (new loan account still has existing borrowers name) 1.4 Closing accounts to change borrowers 1.5 If borrowers with existing accounts request to open new accounts: Bank issues new mortgage but old loans repaid and accounts closed Request for new loans. Old mortgage loans repaid and Bank issues new mortgage. (effective March 8, 2010)
6 agreement (2) Within 3 years from initial loan agreement date 9.3 Floating interest rate loans. prepayments incur following penalties: (1) Within 1 year from initial loan agreement date (2) Within 2 years from initial loan agreement date (3) Within 3-5 years from initial loan agreement date 9.4 Borrowers changing to fixed interest rate loans rates incur following prepayment penalties. (1) Within 1 year from initial loan date. (2) Within 2 years from initial loan date. (3) Within 3-5 years from initial loan date. Exception: Loans for rental housing. Bank charges following prepayment penalties: 1.8 Pre-payments within first year 1.9 Pre-payment within second amount per loan agreement 2 per cent of loan amount followed with agreement 3 per cent of loan 2.5 per cent of loan 2 per cent of loan 3 per cent of loan 2.5 per cent of loan 2 per cent of loan 4 per cent of loan agreement 3.5 per cent of loan 1.6 Borrowers with Kum Nirun Insurance : either died or became disabled. The Bank has received insurance proceeds to repay loans. (Effective September 28, 2009) 1.7 If borrowers have fire insurance, and houses or collateral totally or partially uninhabitable and Bank has received insurance proceeds to repay loans. (effective September 4, 2014) 2. The Bank refunds penalties if loan adjustment requests denied. 3. The Bank charges no. 9.1 and 9.2 penalties for loan applications from April 9, 2001) 4. Borrowers that pay loans before due dates must pay penalties if they close accounts during the first three years of loan term. 5. Borrowers pay penalties if repaying construction or renovation loans before due date. Penalties shall be based on total loan amount disbursed.
7 year 1.10 Pre-payments within third year 3 per cent of loan 10 Fees for interest rate adjustments 10.1 Borrowers with fixed interest rate loans: (1) From fixed interest rate to long-term floating interest rates (2) From existing fixed interest rates to new fixed interest rates (3) From fixed interest rates to welfare project without deposit rates 10.2 Borrowers with long-term floating rate loans: (1) From long-term floating rate to new long-term floating rates (Bank s announced rates) (2) From long-term floating rates to fixed interest rates 1 per cent of principle balance on date customer requests interest rate adjustment 1 per cent of principle s balance on date that customer requests interest rate adjustment The Bank will waive fees under following conditions: (1) Qualified good retail customers eligible for fee waiver adjustments: (1.1) Excellent monthly repayment records and all previously outstanding loans paid before due date. No agreements to increase loan amounts of any previous loans. (1.2) If MRR is being used (MRR or MRR per cent) (1.3) The purpose of loan is not for loan payments or to purchase home appliances (1.4) Collateral used is not raw land or commercial buildings (2) Interest rate adjustments under Bank interest rate announcement for general customers (3) Excellent retail
8 customers requesting use of welfare projects without deposit rates: Bank will waive loan interest adjustment fees in the following cases; (3.1) Last year of special floating loan interest rate or floating loan interest rate loans (3 rd, 5 th, 7 th or 10 th year) for general customers (3.2) The purpose of loan is not for debt payment or to purchase home appliances (3.3) Collateral is not raw land (3.4) Loan interest rates adjusted as follows; -Collateral: singledetached houses, twin houses, townhouses and condominium, loan interest rate should be adjusted to Interest rate for existing customers who request to adjust interest rates (Bank loan interest rate announcement for welfare projects without deposits). - If commercial buildings used as collateral: loan interest rate can only be adjusted only one time (must have right to use welfare project loans without deposits): interest rate adjusted to Loan interest rates for commercial buildings using
9 welfare project loans without deposit 11 Fee for letters of guarantee and avals (Effective August 25, 2010) 11.1 Fees for avals 11.2 Fees to issue letter of guarantee If letter of guarantee fee is not paid promptly - If payment delay does not exceed 15 days. - If the delay is more than 15 days, penalty will be Bank s default rate (loan interest rate announcement) 12 Loan application fees 12.1 New and additional loans - Loan amounts not exceeding Bt500,000 - Loan amounts exceeding Bt500, Loans for purchasing auction assets Entrepreneurs buying Bank assets at auction for renovation and sale to retail buyers. 2.5 per cent per annum 2 per cent per annum No fee Fee charged: Default interest rate (13.5 per cent) x letter of guarantee fee x no. of days of delayed payment (not exceeding Bt1,000) No fees 0.1 per cent of loan amount 1,500 per account Due date means the specific date in letter of guarantee
10 13 Fees for adjusting loan conditions 13.1 Fees for adjusting loan conditions after approval but prior to closing legal transaction Exceptions: - Changing loan amounts - changing loan periods - changing interest rate types - changing loan objectives - changing collateral - changing of borrowers, joint borrowers or ownership 13.2 Fees for adjusting loan conditions after executing legal transaction - reducing installment payments - adjusting loan amounts - adjusting loan terms - changing loan objectives - changing of collateral 500 per adjustment 2,000 each time 2,000 each time 5,000 each time (Effective July 2, 2008) 14 Fees to extend Legal Execution Department closing date 15 Fees to hold title deed Borrowers completing legal transaction from January 2007 onwards: when loan account closed, must contact Bank within 90 days from loan account closing date. Title deed holding fees charged if borrowers don t contact Bank ,000 per year If period less than one year, Bank charges fee for whole year. 16 Fees to issue cashier cheques 100 per cheque (Effective January 1, 2008) 17 Fees for legal transactions when Bank borrowers buy the assets from other banks if cashier s cheques can be used at Legal Execution Department / Legal Execution Office 5,000 per transaction (Effective July 2, 2008)
11 18 Fees for redemption payment notice 300 per notice Bank charges fees to borrowers requesting reorganization 19 Fees to collect loan amounts due from defaulted customers 1,000 per person
See Fire First! TRINIDAD AND TOBAGO FIRE SERVICE CREDIT UNION CO-OPERATIVE SOCIETY LIMITED LOAN POLICY
See Fire First! TRINIDAD AND TOBAGO FIRE SERVICE CREDIT UNION CO-OPERATIVE SOCIETY LIMITED We are a financial organization, which provides excellent service in meeting the financial, social and educational
More informationHousing Loans YOUR LOANS. Housing Loans. A consumer education programme by:
Housing Loans YOUR LOANS Housing Loans A consumer education programme by: contents 1 Introduction 2 Buying a house What can I afford 3 Savings EPF savings Choosing your financial institution 4 Loan applications:
More informationHome Financing Guide
Home Financing Guide Table of Contents Is Home Ownership Right for You? 1 Basics about Your Mortgage Options 2 Conventional or High Ratio Mortgage 3 Options for a Down Payment 3 Understanding Amortization
More informationTariff of Mortgage Charges
Tariff of Mortgage Charges Bradford & Bingley and Mortgage Express are closely involved in the mortgage industry s initiative with the Council of Mortgage Lenders and Which? to make our fees and charges
More informationThe crowdfunding platform for. professionals. Mortgage Loans
The crowdfunding platform for professionals Mortgage Loans INDEX Executive Summary 3 The borrowing counter 4 How it works 5 Conditions and costs 6 Interest 7 Refinancing and redemption 8 Guarantees 9 Other
More informationBdC Corporate Credit Department Information Document. Introduction
BdC Corporate Credit Department Information Document Introduction The Banco di Caribe Corporate department aims to offer the best quality service and the most appropriate solutions to its customers whether
More informationHOME LOAN TERMS AND CONDITIONS
HOME LOAN TERMS AND CONDITIONS Effective November 2014 RELATIONSHIP BETWEEN NEW ZEALAND HOME LENDING, NEW ZEALAND HOME LOANS AND KIWIBANK New Zealand Home Lending Limited is a home loan provider. The New
More informationmanaged loans FEES AND LIMITS
managed loans FEES AND LIMITS Effective November 2014 Fees and Limits New Zealand Home Loans is committed to helping you and your family become debt free, faster. To help you do this, New Zealand Home
More informationFinancing your Home Purchase
Financing your Home Purchase page 1 Disclaimer This booklet is for information purposes only, and must not be relied on as a substitute for legal advice. page 2 Contents How Much Can You Afford? 1 Other
More informationMORTGAGE DICTIONARY. Amortization - Amortization is a decrease in the value of assets with time, which is normally the useful life of tangible assets.
MORTGAGE DICTIONARY Adjustable-Rate Mortgage An adjustable-rate mortgage (ARM) is a product with a floating or variable rate that adjusts based on some index. Amortization - Amortization is a decrease
More informationBEFORE DRAWDOWN OF REVERSE MORTGAGE LOAN
IMPORTANT NOTICE Please read this notice carefully before you proceed with your application for a reverse mortgage loan. This notice only provides additional information about a reverse mortgage loan,
More informationHSBC Home Loans As individual as you are
HSBC Home Loans As individual as you are Why should you choose an HSBC Premier home loan? Looking to purchase a new home or investment property? Buying a new house is exciting and we are here to help you.
More informationBe it enacted by the People of the State of Illinois,
AN ACT concerning financial regulation. Be it enacted by the People of the State of Illinois, represented in the General Assembly: Section 5. The Illinois Credit Union Act is amended by changing Sections
More informationHome loan Home loan with Home saver facility. Commercial property Purchase Home construction loan Home extension loan Home improvement.
Home loan Home loan with Home saver facility. Commercial property Purchase Home construction loan Home extension loan Home improvement Home loan Features Home loans can be used to buy new property, 2nd
More informationTHE PURCHASE AND SALE AGREEMENT
Buying a Home 1 2 INTRODUCTION Buying a home may be the biggest single investment of your lifetime. Your life s savings may be invested in this one venture. Thus, it is extremely important that you, the
More informationBUYING A HOME Office of the Staff Judge Advocate, MacDill Air Force Base, Florida (813) 828-4422
BUYING A HOME Office of the Staff Judge Advocate, MacDill Air Force Base, Florida (813) 828-4422 BUYING A HOME Buying a home may be the biggest single investment of your lifetime. An entire life's savings
More informationDASH ADVANCE PERSONAL LOAN PRODUCT TERMS
DASH ADVANCE PERSONAL LOAN PRODUCT TERMS 1. Applicable terms You must read this Dash Advance Personal Loan Product Terms together with our: Customer Terms Personal Loan/Personal Line of Credit/Overdraft
More informationWhat does it mean? A Glossary of terms. Home Ownership Fact Sheet. Housing Programs Department of Housing and Public Works
Home Ownership Fact Sheet What does it mean? A Glossary of terms There are many words that are specific to property buyers, sellers and lenders. This list is designed to explain some of these words which
More informationHomebuyers Dictionary
2935 Breezewood Avenue Suite 100 Fayetteville, NC 28303 www.fayhba.org Homebuyers Dictionary ARM? GPM? PITI? You d have to be a cryptologist to figure out some of the terms buyers encounter during the
More informationHelp to Buy Buyers Guide
Help to Buy Buyers Guide Homes and Communities Agency http://www.homesandcommunities.co.uk/helptobuy Page 1 of 27 Key information Buyers using this scheme must provide security in the form of a second
More informationCREDIT UNION PRIVATE EDUCATION LINE OF CREDIT AGREEMENT AND DISCLOSURE
CREDIT UNION PRIVATE EDUCATION LINE OF CREDIT AGREEMENT AND DISCLOSURE In this Private Education Line of Credit Agreement and Disclosure ( Agreement ) the terms I, me, my and mine mean each person who
More informationRefinancing Your Existing Mortgage
Refinancing Your Existing Mortgage Your home is your largest single asset and it can be a powerful financial tool. As you build up your equity over time, you will have access to a variety of borrowing
More informationHOME EQUITY LINES OF CREDIT CHECK LIST. Name/Borrower. Address. Amount of Mortgage $
HOME EQUITY LINES OF CREDIT CHECK LIST Date Name/Borrower Address Amount of Mortgage $ Application Income Verification Additional: A. Copy of Recorded Deed B. Copy of Survey C. Tax receipts- School, County,
More informationTariff. A tariff of charges for our. Mortgage Services
Mortgage Services Tariff A tariff of charges for our Mortgage Services Effective 1st February 2015 Mortgage Services Tariff This tariff gives details of the charges payable in connection with mortgage
More informationAppraisal A written analysis prepared by a qualified appraiser and estimating the value of a property
REAL ESTATE BASICS Affordability Analysis An analysis of a buyer s ability to afford the purchase of a home, reviews income, liabilities, and available funds, and considers the type of mortgage a buyer
More informationHome Mortgage Interest Deduction
Department of the Treasury Internal Revenue Service Publication 936 Cat.. 10426G Home Mortgage Interest Deduction For use in preparing 1998 Returns Contents Introduction... 1 Part I: Home Mortgage Interest...
More informationAMP Home Loans. Home loan terms and conditions
AMP Home Loans Home loan terms and conditions Effective June 2015 RELATIONSHIP BETWEEN AMP HOME LOANS, AMP AND KIWIBANK AMP Home Loans Limited is a home loan provider. AMP Services (NZ) Limited distributes
More informationOur Charges. 2. Valuation fee From 135. Estimated property value Valuation report cost
Our Charges This document sets out the main costs that you may incur during the course of your mortgage term. If our charges change in the future, you will be charged the updated fee. We will Our always
More informationCITY OF WINCHESTER ECONOMIC DEVELOPMENT AUTHORITY REAL ESTATE DEVELOPMENT REVOLVING LOAN FUND PROGRAM POLICIES AND PROCEDURES MANUAL.
CITY OF WINCHESTER ECONOMIC DEVELOPMENT AUTHORITY REAL ESTATE DEVELOPMENT REVOLVING LOAN FUND PROGRAM POLICIES AND PROCEDURES MANUAL Date: July 2010 TABLE OF CONTENTS Section 1: GENERAL PROVISIONS Page
More informationAMP Home Loans. Home loan terms and conditions
AMP Home Loans Home loan terms and conditions Effective November 2014 RELATIONSHIP BETWEEN AMP HOME LOANS, AMP AND KIWIBANK AMP Home Loans Limited is a home loan provider. AMP Services (NZ) Limited distributes
More informationPEF closes funding gaps growth businesses commonly face as they move from start-up to commercialization and fast growth.
PITTSBURGH ENTREPRENEUR FUND Program Guidelines I. Statement of Purpose The Pittsburgh Entrepreneur Fund (PEF) will provide capital for new and growing businesses, including emerging technology-based firms,
More informationHOME LOAN GENERAL OFFER CONDITIONS (Mortgage Broker Introduction) with effect from 14th March 2016
These Conditions apply to Your Loan. Other terms and conditions are in the Loan Security. When reading these Conditions You will notice the use of technical and legal words that can be identified by their
More informationREGULATION ON MORTGAGE LENDING PROCESS
UNOFFICIAL TRANSLATION Appendix to the Resolution No 446, of the Governor of the Bank of Mongolia, dated October 17, 2008 REGULATION ON MORTGAGE LENDING PROCESS CONTENTS One. GENERAL PROVISION 1. Purpose
More informationInformation on: Deferred Payment Scheme
Information on: Deferred Payment Scheme From 1 April 2015 Introduction From April 2015 the way care and support is provided is changing for the better. The Care Act 2014 is a recent piece of legislation
More informationWords to Know When Buying a Home
Words to Know When Buying a Home Adjustable mortgage interest rate: With an adjustable rate, both the interest rate and the mortgage payment vary, based on market conditions. Amortization: Length of time
More informationMortgage Term Glossary
Mortgage Term Glossary Advance - The mortgage Loan. Adverse Credit - This is the term used if the borrower has suffered a poor credit history. This could include previous mortgage or loan arrears, CCJ's
More informationTariff of Mortgage Charges
Tariff of Mortgage Charges NRAM are closely involved in the mortgage industry s initiative with the Council of Mortgage Lenders and Which? to make our fees and charges easy for you to understand. Our tariff
More information(LABOR HOUSING LOAN AND GRANT TO A NONPROFIT CORPORATION)
Form RD 3560-41 ` FORM APPROVED (02-05) OMB NO 0575-0189 (LABOR HOUSING LOAN AND GRANT TO A NONPROFIT CORPORATION) LOAN AND GRANT RESOLUTION OF, 20 RESOLUTION OF THE BOARD OF DIRECTORS OF PROVIDING FOR
More informationLoan for property (Courtesy: Economic Times, apnaloan & apnapaisa, Accommodation times, i-save & others)
Loan for property (Courtesy: Economic Times, apnaloan & apnapaisa, Accommodation times, i-save & others) Frequently Asked Questions: Q. What are the steps involve in the process of loan & what fees it
More informationWITHDRAWAL TO PURCHASE A HOUSE
TTHHEE EEMMPPLLOOYYEEEESS PPRROOVVI IDDEENNTT FFUUNNDD WITHDRAWAL TO PURCHASE A HOUSE PURPOSE This withdrawal allows you to withdraw your Account 2 savings to finance the purchase of a house. Withdrawal
More informationGeneral Mortgage Conditions for England and Wales
You can order all our publications in large print, Braille, audio cassette or CD. Your local branch will arrange this for you or you can contact us on 08457 30 20 10. If you have hearing or speech difficulties
More informationDeferred Payments. Information for people moving into residential care who own a property
Deferred Payments Information for people moving into residential care who own a property Deferred Payments The Deferred Payment Scheme is designed to help you if you have been assessed as having to pay
More informationEstes Valley Workforce Housing Assistance Down Payment Assistance Loan Program PROGRAM GUIDELINES
Estes Valley Workforce Housing Assistance Down Payment Assistance Loan Program PROGRAM GUIDELINES Eligible Borrowers: Income: Employment: Borrowers must be First Time Homebuyers as defined as not having
More informationPROPOSED REGULATION OF THE COMISSIONER OF MORTGAGE LENDING. LCB File No. R091-10
PROPOSED REGULATION OF THE COMISSIONER OF MORTGAGE LENDING LCB File No. R091-10 NRS 645B MORTGAGE BROKERS EXPLANATION Matter in italics is new; matter in brackets [omitted material] is material to be omitted.
More informationFirst Time Home Buyer
First Time Home Buyer What we ll need to get started on your pre-approval Verification of employment income: most recent T4 / Tax Return / Notice of Assessment and either a Pay Stub or Letter of Employment
More informationThank you for your interest in America s Credit Union home equity loan program.
Thank you for your interest in home equity loan program. Please print the following documents and read the information carefully. General Information benefits of and basic guidelines for home equity loans.
More informationBrooklyn Park Economic Development Authority
Brooklyn Park Economic Development Authority Neighborhood Stabilization Program NSP HOMEBUYER ASSISTANCE PROGRAM FOR CITY/PARTNER ACQUISITION AND REHAB Program Description & Guidelines July 2011 TABLE
More informationDeferred Payment Agreements
Deferred Payment Agreements Paying for your Care in a Home Barnet Council s Deferred Payment Scheme What is a Deferred Payment Agreement? A Deferred Payment Agreement is an arrangement with the Council
More informationT s And C s. Home loan terms and conditions. It s Ours. Effective June 2015
T s And C s. Home loan terms and conditions Effective June 2015 It s Ours. 1 What s Inside Here. 1. What are these terms about? 1 2. When can your home loan documents change? 2 3. What are the different
More informationHome Loan. This document sets out your loan s terms and conditions. Some key information about your loan. Terms and Conditions
Home Loan Terms and Conditions This document sets out your loan s terms and conditions In this document we ve explained the terms and conditions applying to your ANZ Home Loan. It includes key information
More informationBUY TO LET MORTGAGE FEE TARIFF
Axis Bank UK Limited BTL Mortgage Fee Tariff UK LTD. BUY TO LET MORTGAGE FEE TARIFF Effective from: 31 st March 2015 Issue Date: 31 st March 2015 Overview This document should be reviewed by anyone considering
More informationervices Lending Services
ervices Lending Services Lending Services Whether you re in the market for a car, a home or a personal loan, Local Government Federal Credit Union offers a variety of financing options to our membership.
More informationReverse Mortgage Presented by Ian MacGillivray, NMLS #638502 American Capital Corporation, NMLS #264422 Phone: 505-690-1089 Website:
Reverse Mortgage American Capital Corporation, Phone: 505-690-1089 Website: http://mortgagepartners-santafe.com Contents I. What Is a Reverse Mortgage? II. Benefits and Typical Uses III. Is the Home at
More informationReverse Mortgage Counseling 101
THE ESSENTIALS REVERSE MORTGAGES The MetLife Mature Market Institute Celebrating its 15-year anniversary in 2012, the MetLife Mature Market Institute is Metropolitan Life Insurance Company s (MetLife)
More informationMBA allows no more than two loans at a time. Consolidations of loans is allowed.
403(B) LOAN RULES Ministers Benefit Association (MBA) has elected to make loans available to our members. Under the MBA 403(b) Retirement Plan (Plan), loans will be made available to all members having
More informationRevised Tax Lien Procedures and Fees (changes in bold effective 7/12/2012) When are taxes normally do, and what happens if you pay your taxes late?
Revised Tax Lien Procedures and Fees (changes in bold effective 7/12/2012) When are taxes normally do, and what happens if you pay your taxes late? Property taxes due by 12/31 5% penalty if paid after
More informationThe following information is provided to you by U.S. Department of Housing and Urban Development.
The following information is provided to you by U.S. Department of Housing and Urban Development. Attachment C: Resources for Clients C.1 Important Information about Reverse Mortgage Counselors C.2 Reverse
More informationDefinitions. In some cases a survey rather than an ILC is required.
Definitions 1. What is the closing? The closing is a formal meeting at which both the buyer and seller meet to sign all the final documentation required for the buyer's mortgage loan. Once the closing
More informationChapter 7. Mortgage Insurance Premiums (MIPs) Table of Contents
HUD 4155.2 Chapter 7, Table of Contents Chapter 7. Mortgage Insurance Premiums (MIPs) Table of Contents Chapter 7. Mortgage Insurance Premiums (MIPs) 1. Types of MIPs... 7-1 2. Up Front Mortgage Insurance
More informationCRA/LA East Valley Region Business Assistance Program. PROMISSORY NOTE (for Property Owner)
CRA/LA East Valley Region Business Assistance Program PROMISSORY NOTE (for Property Owner) TO THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF LOS ANGELES, CALIFORNIA AND CRA/LA Loan Number: $000,000.00,
More informationTariff of Mortgage Charges
Effective 27th January 2016 Monmouthshire Building Society is closely involved in the mortgage industry s initiative with the Council of Mortgage Lenders and Which? to make our fees and charges easy for
More informationWEYBRIDGE FINANCIAL SERVICES EQUITY RELEASE QUESTIONNAIRE
WEYBRIDGE FINANCIAL SERVICES EQUITY RELEASE QUESTIONNAIRE PERSONAL DETAILS Title: Mr/Mrs/Miss/Ms/Other Surname First Name(s) Date of Birth Nationality Marital Status Previous/Former (e.g. Maiden) Name
More informationCOMMERCIAL CORRIDOR HOUSING LOAN AND GRANT PROGRAM
Planning and Economic Development Department Urban Renewal Section 71 Main Street West, 7th Floor Hamilton, Ontario L8P 4Y5 Phone: (905) 546-2424 Ext. 2755 Fax: (905) 546-2693 COMMERCIAL CORRIDOR HOUSING
More informationGet the facts. What every homeowner who is at least 62 years of age should know about reverse mortgage loans
Get the facts What every homeowner who is at least 62 years of age should know about reverse mortgage loans Dino Guadagnino Reverse Area Sales Manager PHL Federal Reserve Meeting December 1, 2010 1 What
More informationHouse Financing-i ISLAMIC BANKING. House Financing-i. A consumer education programme by:
House Financing-i ISLAMIC BANKING House Financing-i A consumer education programme by: contents 1 Introduction 2 What is house financing-i? How house financing-i works 3 Property under construction 4 Tips
More informationAIB Mortgages Helping you move home. Tracker Interest Rate Retention and Negative Equity Mover Brochure. Guiding you through your next move.
AIB Mortgages Helping you move home. Tracker Interest Rate Retention and Negative Equity Mover Brochure. Guiding you through your next move. Contents 01 Introduction Tracker Interest Rate Retention Negative
More informationGetting Started With A Builders Mortgage
Getting Started With A Builders Mortgage What we ll need to get started on your pre-approval Verification of employment income: most recent T4, Tax Return and Notice of Assessment, Letter of Employment,
More information20 April 2006. To Manager All Commercial Banks*
Unofficial Translation by the courtesy of The Foreign Banks' Association This translation is for the convenience of those unfamiliar with the Thai language. Please refer to the Thai text for the official
More informationMortgage Basics Glossary of Terms
Mortgage Basics Glossary of Terms Buying a home is an important financial decision. It is important to familiarize yourself with the features of the different types of mortgages, so that you understand
More informationBUSINESS CREDIT AND CONTINUING SECURITY AGREEMENT
BUSINESS CREDIT AND CONTINUING SECURITY AGREEMENT This Business Credit and Continuing Security Agreement ("Agreement") includes this Agreement and may include a Business Credit Agreement Rider and Business
More informationMORTGAGE ADVICE YOU CAN DEPEND ON
MORTGAGE ADVICE YOU CAN DEPEND ON INTRODUCTION Whether you re buying your first home, remortgaging, or purchasing an investment property, there are lots of processes to go through, issues to tackle and
More informationInformation on the Council s Deferred Payments Scheme
Information on the Council s Deferred Payments Scheme What is the Deferred Payments Scheme? The Deferred Payments Scheme is designed to help you if you have been assessed as having to pay the full cost
More information11.437 Financing Community Economic Development Class 6: Fixed Asset Financing
11.437 Financing Community Economic Development Class 6: Fixed Asset Financing I. Purpose of asset financing Fixed asset financing refers to the financing for real estate and equipment needs of a business.
More informationFIRST TIME HOMEBUYERS. Canada Mortgage and Housing Corporation (CMHC) and Genworth have made it easier than ever to own the home of your dreams.
FIRST TIME HOMEBUYERS Canada Mortgage and Housing Corporation (CMHC) and Genworth have made it easier than ever to own the home of your dreams. Program Highlights Minimum down payment 5% of the appraised
More informationSave money by avoiding fees
Effective February 2016 Save money by avoiding fees With New Zealand Home Loans there is no monthly base fee. Use electronic transactions where possible You can save money by using electronic transactions
More informationA security deed is an absolute conveyance of title to land from borrower to lender that includes the following provisions:
Chapter 39 The Security Deed and the Promissory Note SECURITY DEEDS A security deed (also known as a deed to secure debt, loan deed, or warranty deed to secure debt) is the most common form of securing
More informationBANK OF NEW ZEALAND FACILITY MASTER AGREEMENT. Important information about. Your home loan
BANK OF NEW ZEALAND FACILITY MASTER AGREEMENT Important information about Your home loan Contents PAGE 2 Introduction Agreeing a facility 3 Changes to facilities Insurance 4 Pre-conditions This document
More informationHome Finance Seminar. Presented by Commonwealth Credit Union Mortgage Department
Home Finance Seminar Presented by Commonwealth Credit Union Mortgage Department Times have changed Then Any employee could provide mortgage loan information 100% financing was an option The disclosure
More informationTerms of Business. Regulated Activities Our principal business is mortgage lending and this activity is regulated by the Central Bank of Ireland.
Terms of Business Provided in accordance with the Consumer Protection Code 2012 issued by the Central Bank of Ireland and can be found on the Central Bank s website www.centralbank.ie About Us Our legal
More informationHelp to Buy Buyers Guide. Homes and Communities Agency http://www.homesandcommunities.co.uk/helptobuy August 2014
Help to Buy Buyers Guide Homes and Communities Agency http://www.homesandcommunities.co.uk/helptobuy August 2014 What is Help to Buy? Help to Buy is equity loan assistance to home buyers from the Homes
More informationChapter 2d Utah High Cost Home Loan Act
Chapter 2d Utah High Cost Home Loan Act 61-2d-101 Title. This chapter is known as the "Utah High Cost Home Loan Act." 61-2d-102 Definitions. As used in this part: (1) "Accelerate" means a demand for immediate
More informationPersonal Line Of Credit terms and conditions
Personal Line Of Credit terms and conditions 1. Introduction 1.1 Definitions Unless otherwise indicated, the words: Account means the line of credit account that you have been approved for by ATB as set
More informationLump Sum Lifetime Mortgage Terms and Conditions. Version 1
Lump Sum Lifetime Mortgage Terms and Conditions Version 1 INTRODUCTION Thank you for choosing Hodge Lifetime. We hope that your lifetime mortgage makes a positive difference during your retirement. This
More informationMortgage Basics 101. Talk to your CIBC Mobile Mortgage Advisor today.
Mortgage Basics 101 Mortgages are big investments that require financial stability and dedication. Start the process on the right foot by familiarizing yourself with different types of mortgages and rates,
More informationBaltimoreMICRO - Revolving Loan Fund
BaltimoreMICRO - Revolving Loan Fund sbrcbaltimore.com FACT SHEET Description and purpose Administered by the Baltimore Development Corporation (BDC), the purpose BaltimoreMICRO is to provide existing
More informationBANK OF NEW ZEALAND FACILITY MASTER AGREEMENT. Important information about. Your home loan
BANK OF NEW ZEALAND FACILITY MASTER AGREEMENT Important information about Your home loan Contents PAGE 2 Introduction Agreeing a facility 3 Changes to facilities Insurance 4 Pre-conditions This document
More informationFlorida, USA Call 4 4722 72 Click www.hsbcpremier.lk
Build a life in the luxury of your dream home. Florida, USA Call 4 4722 72 Click www.hsbcpremier.lk HSBC Premier Home Loans As an HSBC Premier customer we offer you Home Loans for the following purposes:
More informationhe Utah Housing Corporation offers six exciting loan programs to assist low- and moderate-income homebuyers with the purchase of a home.
he Utah Housing Corporation offers six exciting loan programs to assist low- and moderate-income homebuyers with the purchase of a home. All loan programs offer reasonable interest rates and three of the
More informationHome Loans made easy
Home Loans made easy Finding the information you need in this brochure 03 Your own Home Loan Specialist 04 Why Suncorp Bank 06 Home loan options explained 6 Variable Rate 8 Fixed Rate 8 Line of Credit
More informationChapter 55 Small Business Loans
Chapter 55 Small Business Loans 55.1. Purpose and Policy 55.2. Adoption, Amendment, Repeal 55.3. Definitions 55.4. The Tribe's Role in the Program 55.5. The Bank's Role in the Program 55.6. Eligibility
More informationBonds and Real Estate. Chapter 32
Bonds and Real Estate Chapter 32 Bonds Characteristics Federal Bonds Bonds written promises to repay a loan with interest on a specific maturity date Municipal Bonds Corporate Bonds Junk Bonds Bonds Characteristics
More informationHome Loans. Welcome home. Make yourself at home. Prosper.
Home Loans Welcome home Make yourself at home. Prosper. Contents We have everything you need 3 Getting a home loan 3 Choose the home loan that suits you 4 Home loan 5 Private Banking Home Loan 5 Family
More informationWestpac. Home Loans. Enjoy a place of your own with your. Westpac. Home Loan
Westpac Home Loans Enjoy a place of your own with your Westpac Home Loan We know you d rather talk about your new home than a new home loan. After all, buying a home is an exciting journey. But we d like
More informationSec. 32-9nn page 1 (9-97)
Sec. 32-9nn page 1 (9-97) TABLE OF CONTENTS Loans to Businesses Impacted by Road and Bridge Repair Definitions... 32-9nn-1 Requirements for the determination of the extent of adverse impact.. 32-9nn-2
More informationEVANGELICAL LUTHERAN CHURCH IN CANADA CHURCH EXTENSION AND CAPITAL FUND MANAGEMENT HANDBOOK
EVANGELICAL LUTHERAN CHURCH IN CANADA CHURCH EXTENSION AND CAPITAL FUND MANAGEMENT HANDBOOK PREAMBLE A. ADMINISTRATION B. CAPITAL FUND I. OPERATING PRINCIPLES II. OPERATING POLICIES APPENDIX I CRITERIA
More informationHome Loans for Foreigners in Thailand
Asia Pacific Region Fourth quarter 2012 housing finance news from Thailand GH Bank home loans to qualified foreign borrowers More and more foreigner non-thai citizens are now finally able under certain
More informationAssumable mortgage: A mortgage that can be transferred from a seller to a buyer. The buyer then takes over payment of an existing loan.
MORTGAGE GLOSSARY Adjustable Rate Mortgage (ARM): A mortgage loan with payments usually lower than a fixed rate initially, but is subject to changes in interest rates. There are a variety of ARMs that
More informationEAU CLAIRE, WI COMMERCIAL CENTER FACADE LOAN PROGRAM
EAU CLAIRE, WI COMMERCIAL CENTER FACADE LOAN PROGRAM TABLE OF CONTENTS PURPOSE................................................................................... 3 ELIGIBILITY..................................................................................
More informationCALHOME MORTGAGE ASSISTANCE PROGRAM GUIDELINES
PLANNING AND DEVELOPMENT DEPARTMENT HOUSING AND COMMUNITY DEVELOPMENT DIVISION CALHOME MORTGAGE ASSISTANCE PROGRAM GUIDELINES PROGRAM OVERVIEW The CalHome Mortgage Assistance Program is a program funded
More informationHome Equity Line of Credit Loan Agreement and Promissory Note
Home Equity Line of Credit Loan Agreement and Promissory Note This agreement sets forth the terms under which Pelican State Credit Union makes a home equity loan to you. By signing this agreement, you
More information