Loan Service

This page is for to introduce about Loan on Property (Residential Apartment/Flat, Commercial Space, Land, Renovation & Loan Take Over). You can know about Characteristics, Eligibility Criteria, Required Papers regarding Applicant & Property, Duration and Various Terms about Property Loan. You can also found here a Loan Calculator to make the decision to take Loan .After All If you have any query or need support CALL US.

PROPERTY LOAN CHARACTERISTICS

It is a secured loan, that is, the lender considers your property as a security guarantee. If you fail to pay back the loan, then the lender will become entitled to retrieve the money lent by selling your house/property. The Equated Monthly Installment (EMI) of a home loan is computed by adding the principal amount and interest. Home loan includes such charges as registration charge, processing fee, penalty on prepayment, commitment charge and miscellaneous charges (documentation/consultation).

PROPERTY LOAN ELIGIBILITY CRITERIA

Eligibility criteria might vary from one lending institution to the other, but there are some common requirements:
 Any salaried, self-employed or business person with Bangladeshi nationality can apply for a Property loan
 You must be aged 21 years or above (up to 65 Years)
 You should have a regular source of income for timely repayment of the loan
 Your professional stability and savings history will help in quick loan approval
 Ensure that you do not have bad credit history for at least the three months prior to applying for a home loan.
 If you are salaried professionals, your monthly gross income will determine loan amount.
 For self-employed individuals, profit earned by you majorly determines the loan value you are eligible for.
 Visiting property by the Financial Institution, If satisfy then you will eligible for loan.

WHY TO TAKE LOAN FROM MELODY HOMES

 Save your time and money

 We help you to get maximum amount of loan

 We help you on valuation and legal opinion

 We help you on regards that your application doesn’t reject

 Get informed about all hidden charges on loan

 We find the lowest interest rate for your criteria

 Get expert advice on loan documentation

 We help you to transfer your home loan easily for more savings

 A dedicated relationship manager will assist you until loan disbursement to feel you relaxed

 Get guidance on loan repayment