by Ameet Dhillon | Apr 20, 2018
Yes. The home loan is amortized over 10 years. The borrower makes a monthly payment which consists of both interest and principal.
by Ameet Dhillon | Mar 22, 2018
All home loans are secured by a house built by AHWA. Furthermore, AHWA holds the title to the house until the loan is completely paid off. In the unlikely event of a default, AHWA will repossess the home and resell it via AHWA’s normal sales process. Keep in...
by Ameet Dhillon | Mar 21, 2018
USAHF believes that its borrowers have a lower than average default risk primarily because: There is a strong emotional connection with a home in their birth country that will make this payment a priority over others Given the substantial downpayment, there is a...
by Ameet Dhillon | Mar 17, 2018
Many criteria are used to determine the suitability of a borrower. AHWA gets to know its customers during the sales process and has information that is not available to an average lender and does not show up in a FICO score. Some of the areas evaluated are: Verifying...
by Ameet Dhillon | Mar 17, 2018
The home finance contracts are typically 10 years loans with no prepayment penalty. The borrower makes monthly payments which consist of both interest and principal. The borrower has to meet strict underwriting criteria to qualify for the loan. The interest rate is...
