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Personal Finance, Investing, Money Management and Trading

Mortgage

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Lending Criteria for Mortgage Loan

Lending Criteria for Mortgage Loan

The industry has been moving towards a unification of procedures in such a way that they can control the customer base on the basis of different lending criteria. We have now reached a situation when the agreed mortgage loan lending criteria for commercial banks and approved financial institutions is virtually identical across the different sectors that we look at. The first criteria are that ... More »