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The security required for a loan would be an equitable or simple registered mortgage of the house being financed. The type of mortgage to be created will depend on the documents of title (ownership) being submitted/made available. After a preliminary examination of the papers submitted by an applicant, our legal officers will advise the type of mortgage that would be required.
When planning for your financial goals, it is important to align them with a strong financial plan. To help meet these goals, you can invest your savings in reliable and rewarding avenues such as Fixe...
June 29, 2023
Having a low CIBIL score can make it challenging to obtain a personal loan. A low credit score indicates that you may have had some difficulties in the past with financial management. Lenders are ofte...
February 5, 2024
Starting or expanding a business requires access to capital, and for many micro, small, and medium enterprises (MSMEs), securing funds can be challenging, especially if they do not have collateral to ...
April 10, 2024
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