September 30, 2009
Sony Bank, Inc., a wholly-owned subsidiary of Sony Financial Holdings, today announced that it will offer mortgage loans in cooperation with SOTETSU REAL ESTATE SALES Co., Ltd., ("SOTETSU REAL ESTATE SALES") from September 30, 2009.
Subject to meeting certain Sony Bank lending criteria, Sony Bank will provide its mortgage loans with preferential interest rates to customers who purchase newly built homes sold by SOTETSU REAL ESTATE SALES. Customers will be able to apply for these mortgage loans through SOTETSU REAL ESTATE SALES.
As a part of the SOTETSU GROUP's real estate division, SOTETSU REAL ESTATE SALES is a full-service real estate company with networks along the Sagami Railway line and throughout Kanagawa prefecture. Aiming to become a specialist in supporting comfortable lifestyles, SOTETSU REAL ESTATE SALES develops businesses including real estate trading, leasing, brokering, and housing construction sales to contribute to local community development.
Sony Bank's mortgage loans are extremely convenient because the entire loan process, from application to contract, can be conducted without ever having to visit a bank branch. Sony Bank will continue to provide service to meet customers' needs through enhancing its mortgage loans.
Note: This is an English-language summary of a Japanese announcement made by Sony Bank on September 30, 2009.The Summary was prepared by Sony Financial Holdings Inc. solely for the convenience of non-Japanese readers.