Starting from January 31 of next year, individuals on parental leave will be granted a deferment of principal repayments for bank mortgage loans for property purchases. The Korea Banking Association ...

Discover the key differences between home equity loans and mortgages, including their purposes, stages of use, tax implications, and impact on your home equity.

Abstract: Banks make the majority of their income through lending. It takes time for both the housing finance firm and the consumer who applies for the loan the procedure of getting a home loan and ...

Discover how loan modification can help you avoid foreclosure, understand government programs available, and learn the steps to apply effectively.

As FHA borrowers face mounting affordability pressure and rising delinquency rates, a new bipartisan bill called the ...

Personal loans are available for rent payments, but financial experts warn that this solution often creates more problems than it solves. Loan interest, fees and monthly rent can spiral into ...

The amount paid in points is deductible by the buyer and not the seller. Instead, the seller reduces their profit from the ...

United Trust Bank (UTB) offers larger secured loans than some other lenders will allow and repayment terms of up to 30 years. Fixed and tracker rate loan options are available up to 90% loan to value ...

Abstract: Machine learning algorithms are revolutionizing processes in all fields including; real-estate, security, bioinformatics, and the financial industry. The loan approval process is one of the ...

Debt-to-income ratio, i.e., DTI, has emerged as one of the most important metrics that borrowers in the country rely on while conducting a background check on personal loan applicants and their ...