Is the loan a combination loan or a single loan?
A: Portfolio loan is a combination of provident fund and commercial mortgage loan for buying houses, because the amount of provident fund can't meet the requirements of your loan amount. The interest rate of provident fund loan is low, and the interest rate of commercial mortgage loan for house purchase is high. If you only use commercial mortgage loans to buy a house, you have to bear higher loan interest, so portfolio loans are more cost-effective.