OREANDA-NEWS. March 23, 2012. Since 01.03.2012 mortgage loans under the standards of Agency for housing mortgage lending (AHML) have become more affordable for the Clients of Bank “GLOBEX”. GLOBEXBANK has considerably cut Borrowers expenses for credit arrangements, canceling cash advance fee.

For those Clients who chose non-cash settling payments, charges on covered (deposit secured) letter of credit opening under the mortgage lending standards of AHML were significantly reduced. For those Clients who prefer cash settlements we introduced a fixed charge for safe deposit box special terms arrangements designed for real estate transactions with mortgage lending under the standards of AHML.