Real estate loans

Real Estate loans are where banks loan potential investers money sto enable them to either invest or just buy property which can either be residential, or commercial. There is a particular process that the client, and staff from both the bank and Healy Cosultants need to go by. A simplified list of the process is listed below, following some general information about real estate loans.

Healy Constultants vary in bank choice depending on the clients investment plans. However the main banks that are used are international. They include UOB, DBS, and HSBC, because these are such well known banks, they tend to compete with each other benefiting clients as better real estate loans become more available.

Our client initially outlines the amount of financing required, as well as the location of the property. Healy Consultants advises on potential restrictions on obtaining Real estate loans based on the location of the property.

Based on information from the banks, Healy Consultants will then be able to recomend an appropriate as well as the best real estate loan plan for the clients specifications.

4.

Our banking staff prepare an Real estate loans application on behalf of our client, sending the completed application forms to our client for signature and return to us.

5.

Bank staff will submit the real estate loan application that the client would have filled out as well as other documeants. Healy Consultants is responsible for the follow up of the application as well as informing the client as. It may also be necessary that business plans and cash flow projectections are prepared.

6.

Healy Consultants informs our client when bank mortgage approval is issued. Once the international mortgage is approved, Healy Consultants assists our clients open personal and corporate bank accounts to receive rental income and settle mortgage repayments.