Overview
The Property Development Loan is a loan granted to a real estate developer for a development project regarding residential, commercial or multipurpose buildings. According to the use of this loan, the loan can be classified into residential building development loans, commercial building development loans, multipurpose building development loans and other property development loans.
Features
The Property Development Loan is used to satisfy the financing demands of borrowers of real estate development projects.
Procedures
Basic procedures include: application and acceptance → credit investigation (assessment) → credit examination, review and approval → grant of loan → follow-up management → repayment.
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