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Home Loan for Plot Purchase

It is a loan extended by banks and housing finance companies to individuals wanting to buy a plot. However, this loan would be given when you construct a home on the plot.

House Renewel

House Construction

New House

Home Loan TakeOver

Business Loan /SBI Life Insurence

Legal opinion for Loan Transation
The delivery of a legal opinion by the borrower’s counsel is typically a condition precedent to the closing of all significant loan transactions. Depending on the transaction, a legal opinion letter may be delivered by the borrower’s:
  • In-house counsel.
  • Outside counsel.
  • Local counsel (if the transaction involves or implicates cross-border issues or local state laws).
  • Specialist counsel (for example, real estate, litigation or intellectual property counsel).
However, drafting and negotiating these opinions can be one of the most difficult and challenging aspects of closing a loan transaction . The opinion giver must:
  • Consider the legal issues presented by the transaction, including the laws that apply to the transaction and the borrower’s obligations under the loan documents.
  • Assess each opinion being requested and determine whether it is appropriate under the circumstances.
  • Consider the scope of the investigation and inquiry he must undertake to deliver each opinion being furnished.
  • Determine what, if any, assumptions and qualifications he must include with respect to each opinion to be given.
In making a decision as to each of the issues set out above, the opinion giver must:
  • Balance the expectations of the opinion recipients and the needs of his client with customary opinion practice and the preferences and practices of the opinion giver’s firm or legal department.
  • Be mindful of potential liability issues and the financial and reputational risks the opinion poses to the opinion giver and the opinion giver’s firm or legal department.
  • Analyze how a court might interpret not only the documents covered by the opinion, but the opinion itself in the event of a dispute.
This Toolkit contains a number of continuously maintained resources to help counsel draft and negotiate legal opinions delivered in connection with a loan transaction.

Features & Benefits

 

  • Home Loan application

Home loans for individuals to purchase (fresh/resale), under construction properties or balance transfer your existing high cost housing loan to DBS.

 

  • Buy more easily

    Loan approval even before a property is selected.

  • Automated Repayment of EMIs

    You can give us standing instructions to repay your Home Loan EMIs directly from DBS Bank Savings Account, thus, saving you the trouble of procuring, signing and tracking post-dated cheques.

  • Enjoy attractive interest rates, with no hidden charges

    DBS Treasures offers excellent interest rates to suit your needs. With a focus on transparent dealing, all charges are mentioned upfront while giving you the loan quote.

  • Get started online

    You can apply for home loans straight from the DBS Treasures website.