Qualified Applicants:

Corporations and individuals who have purchased the public housing and land or the housing and land owned by the Bank through bidding.

Period:

Maximum five years. But for purchasers of both land and the buildings above the land, the maximum loan period is 30 years.

Interest Rate:

As stipulated by the Bank.

Collateral:

Purchased land, or land and the buildings above.

Guarantor:

Provide according to the Bank’s stipulation.

Purpose:

Help the purchasers of public housing and land to pay the purchase price.

Method of Repayment:

Within the grace period, only monthly repayment of interest is required. After the grace period, the borrower should repay the principal by monthly installment, plus monthly repayment of interest. Or amortize the principal and interest evenly each month.