What is the Bank's Interest/Profit Rate?
Posted: Wed Jan 22, 2025 8:05 am
If you want to check the current interest rates/profits of banks, you can check on websites like loanstreet . But whatever, don't take the interest rates advertised by the bank for granted.
This is because the interest rate depends on the individual's financial score. If the applicant's financial score is not good, he or she may get a higher rate than usual.
In 2024, the normal interest rate is around 4.2% (90% scheme) and australia email list around 4.9% for the Housing Credit Guarantee Scheme (SJKP).
4) How Long Does It Take for the Bank to Give an Answer?
Usually, the bank will take about a week and a half to process your loan application. If approved, the banker will send you the loan details. Make sure you get the loan you applied for.
Then, sign the bank offer letter and inform a lawyer to draft the sale and purchase agreement. Your real estate agent can also recommend a suitable lawyer.
This is because the interest rate depends on the individual's financial score. If the applicant's financial score is not good, he or she may get a higher rate than usual.
In 2024, the normal interest rate is around 4.2% (90% scheme) and australia email list around 4.9% for the Housing Credit Guarantee Scheme (SJKP).
4) How Long Does It Take for the Bank to Give an Answer?
Usually, the bank will take about a week and a half to process your loan application. If approved, the banker will send you the loan details. Make sure you get the loan you applied for.
Then, sign the bank offer letter and inform a lawyer to draft the sale and purchase agreement. Your real estate agent can also recommend a suitable lawyer.