We have agreed with a banking institution, to receive the decision for housing loan approval in 4 days, for all applications from buyers referred to by FOX, (flat or house). We have also discussed the most favorable loan terms (interest rate, repayment method, bank fees, etc.)
Thus, the buyer will know whether he has secured a loan and its exact terms when signing a deposit or sales agreement.
This is a significant improvement in current banking practices.
Our agreement requires the bank to give its preliminary answer in 4 days with limited information and documents. After the approval, all necessary documents and information will be presented to the bank as required by the Central Bank.
Securing a loan, with suitable terms, is usually a prerequisite for the purchase of a property. Very few buyers can afford, or are willing, to proceed with a property purchase without a loan. Therefore, FOX’s contribution to securing a loan for the purchase of a property is useful.
For more info please contact us at 22873380 or via email at [email protected]
