Kamusta na ang iyong home loan referrals? I'm pretty sure you guys have encountered terms that you are not familiar with. Wag ka mag-alala, dahil ngayon we’re going to talk about the common home loan terms for your referrals!
Fixing term/Fixing period
Ito ang tawag sa bilang ng taon na naka lock-in ang interest rate sa iyong loan. Maski tumaas o bumaba ang interest rate sa bangko, hindi ito maaapektuhan.
Refinancing
Binabayaran mo yung existing loan mo at papalitan ng bago. Ginagawa ito para makakuha ng mas mababang interest rate at mapaiksi yung panahon ng iyong loan.
Equity
Ito yung difference between what you owe and the value of your property. If you owe Php100,000 at yung property mo ay may halagang Php150,000, meron kang Php50,000 worth of equity sa iyong bahay.
Mortgage broker
Are people or companies like Nook na mayroong partnership with major banks where they bridge home loan borrowers to those banks. Tinutulungan nila ang mga kliyente para makuha yung home loan na sapat sa pangangailangan nila and they will work with the bank to get your home loan approved!
Not too complicated naman 'di ba? Pero wag kayo mag-alala dahil with Nook, we will make sure your client will have the best choices for their home loan experience, at siyempre, para naman makuha mo na rin ang iyong next commission!
I hope you guys learned a thing or two! Good luck!🎉👋🏼