BUY A HOUSE OR LAND MPOLA MPOLA, PAY IN INSTALLMENTS.
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Owning a home or land in Uganda has become even more accessible, thanks to the latest engagement between the Real Estate Database (RED) and Goldmine Finance. Through this new installment payment option, buyers can pay gradually for a house or land, easing the financial burden of making an upfront purchase. Here's how this program works and how you can take advantage of it.
Why Mpola Mpola?
For many aspiring homeowners, paying the full price of a property at once can be challenging. "Mpola Mpola," a Luganda term that means "slowly by slowly," reflects the idea of making manageable payments over time.
This system opens the door to property ownership by allowing you to acquire land or a home through installments with the support of Goldmine Finance, a reputable finance company known for its slogan, "Smart Loans, Smart Results."
How to Buy a Property Mpola Mpola With Installment Payments.
The installment payment process is easy to follow:
1. Identify Your Property: Browse properties listed on the Real Estate Database (RED) and select the one that suits your needs.
2. Open the Installment Option: On the property's detail page, look for the "Pay for this Mansion in installments" section.
3. Fill Out the Inquiry Form: Clicking the link in this section opens an inquiry form. Fill out the form with the following fields:
- Down payment (Deposit)
- Loan period (Months)
- Current Month
- Your personal details (First Name, Last Name, Phone, Email, and Comments)
Once submitted, Goldmine Finance will review your application and respond within 48 hours with potential installment options.
Requirements for Getting Started.
To qualify for installment payments, you'll need:
- Financial Statements: A bank or mobile money statement for the last 6 months.
- Security: Either a car logbook or a land title.
- National ID: Proof of identity is required.
Payment Period Based on Security Type:
- Car Logbook: Payment period ranges from 1 to 24 months.
- Land Title: Payment period extends up to 36 months.
Key Terms of the Installment Plan.
- Down Payment: A minimum down payment of 50% of the property's value is required.
- Loan Period: Maximum loan period is 36 months (3 years).
Additionally, you'll need to enter the current month to confirm that the form is being filled manually, ensuring secure and reliable processing.
A Path to Property Ownership.
With the "Mpola Mpola" installment option, you're no longer limited by the need for a large upfront payment. Start your journey toward home or land ownership today by exploring properties on the RED and securing a smart financing plan through Goldmine Finance. This partnership is designed to make property ownership simpler, more flexible, and within reach for more Ugandans.
Take the first step and make your property dreams a reality, one installment at a time!
Kind Regards
Julius Czar
Author: Julius Czar
Company: Zillion Technologies Ltd
Mobile: +256705162000 / +256788162000
Email: Julius@RealEstateDatabase.net
Website: www.RealEstateDatabase.net
App: Install the RED Android App
Follow me on: Twitter, LinkedIn, Facebook.
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