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Category Archives: Mortgage Finance

HDFC – Understanding Mortgage Loan Amortization

The amortization period refers to the length of time over which the installment payments towards principal are calculated. For example, an amortization period of 15 years means that, for purposes of calculating the loan payment, your payment towards principal will be spread out over 15years, with the total amount of principal (i.e. the loan balance) being paid off at the end of that 15 …

HDFC – Getting ready for HDFC finance facility

To get ready for a housing finance facility you must gather sufficient and appropriate information from HDFC customer service, and must be prepared to barrow, accepting the terms and conditions set by the lender. To make your application successful you may have the following; Have a right credit score or a good credit rating Misinformation can hurt your credit score and get your application …

HDFC – Housing Dev’t Mortgage Finance

Housing Development Mortgage Finance Products Islamic Profit Share -Conventional Rates 11-12.50% p.a.–SURF/FLIP Tenure-25 Years. HDFC offers both Conventional and Islamic housing finance facilities with affordability, flexibility, LONGEST REPAYMENT PERIOD and highest quality of service in the Maldives. We offer unique FLEXIBLE OPTIONs such as SURF and FLIP to structure repayment with tenures of up to 25 years. Products Interest p.a Tenure Equity Limit Home …

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