Home Loans
Make Your Dream Home a Reality with
Kwong On Bank's Home Loans
At Kwong On Bank, we understand that buying a home is one of the most significant decisions you'll make. Our Home Loan options are designed to provide you with the financial support you need to purchase your dream home. With competitive interest rates and flexible terms, we make homeownership accessible and affordable.
- Loan Amounts: Secure financing for your home with loan amounts ranging from $50,000 to $1,000,000.
- Flexible Terms: Choose repayment terms that fit your budget, with options ranging from 5 to 30 years.
- Competitive Interest Rates: Benefit from fixed or variable interest rates that keep your monthly payments manageable.
- Fast Approval: Quick and straightforward application process with approval in as little as 48 hours.
- Low Down Payment Options: Explore low down payment options to make homeownership more attainable.
- No Prepayment Penalties: Pay off your mortgage early without incurring any additional fees.
Benefits:
- Affordable Homeownership: Competitive interest rates and flexible terms make it easier to afford your dream home.
- Stability: Fixed interest rates provide predictable monthly payments, allowing you to budget with confidence.
- Flexibility: Variable interest rates offer the potential for lower payments, giving you the flexibility to adapt to market changes.
- Build Equity: As you repay your mortgage, you build equity in your home, contributing to your long-term financial security.
Eligibility Criteria:
- Credit History: A good credit score is preferred for better interest rates, but we offer options for various credit profiles.
- Income: Stable and sufficient income to cover mortgage payments and other financial obligations.
- Down Payment: Ability to make a down payment, with low down payment options available for qualified applicants.
- Property Appraisal: The property must meet appraisal requirements to ensure it qualifies for financing.
