Second-hand property mortgage service

$10,000.00

Category:

Description

Second-hand property mortgage refers to a loan method in which a home buyer pays a down payment of no less than 30% of the total house price to the property owner when purchasing a property that he/she has full disposal rights over, and then borrows money from a bank using the purchased property as collateral to pay the remaining part of the purchase price. The home buyer also repays the principal and interest to the loan bank on schedule every month.