Financing for Real Estate

There are a several options available for financing real estate. Various banks come up with different plans that they offer to clients. Although the ability of property investors to obtain financing for real estate is impacted by the so-called ‘credit crunch’, it is still possible to find excellent value financing arrangements with international banks, especially for investors with substantial cash lump sums available as an initial deposit. Healy Consultants will assist international businessmen to secure financing for real estate around the world, whether for a luxury apartment on the Gold Coast of Australia or an investment property in Hong Kong.

Healy Consultants works closely with leading international retail banks in Singapore and Hong Kong (including DBS Bank, UOB Bank and ANZ Bank), and the majority of financing for real estate we recommend come from banks in these cities. Because of our excellent working relationship with these lenders, our staff efficiently project manage the entire mortgage application from start to finish.

Our client advises us the amount of financing for real estate required, as well as the location of the property being bought. Our staff will then source the most appropriate home finance deal for our client.

If the finance product requires clarification, a bank officer will visit our office (or the office of one of our global affiliates) to expand on the features of the product. In many cases our client is unable to attend the meeting with the bank officer due to other commitments – therefore Healy Consultants will present a report to our client by e-mail, including recommendations on the most suitable finance deal.

Once our client indicates his desired financing for real estate product, our banking staff prepare an application, including completed application form and due diligence as required by the bank.

Our banking staff will then submit the application pack to the bank. After submission, Healy Consultants liaises with the bank to check application status, providing our client with regular progress updates. If necessary, we organise for additional information to be supplied to the bank (for example, personal due diligence, business plans and cash flow projections) to increase the probability of approval for the financing for real estate.

Healy Consultants notifies our client when the finance for real estate application is aproved. At this stage many of our clients then request our assistance in opening personal and corporate bank accounts to receive rental income and settle loan repayments.