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Post by Sapphire Capital on Jul 17, 2008 1:56:07 GMT 4
The China mortgage insurance program generally covers Smart Mortgage Insurance Program and Super Insurance Mortgage program.
* Smart Mortgage Insurance Program Such type of Mortgages saves the expenses with an interest-free mortgage insurance premium repayment for 3 years.
* Super Mortgage Insurance Program Such types of insurances reduce the financial burden during the early stage of mortgage term with an interest-free mortgage insurance premium repayment for 3 years. It brings more flexibility with deferred principal repayment period ranging from 1 to 3 years, during which only interest is payable
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