Free Essay


In: Science

Submitted By simal90
Words 1455
Pages 6
Şima Mıhlayanlar

A proposal to investigate practical and effective solutions to major problems of the over usage of high fructose corn syrup.

Today, it is inevitable to face negative effects of high fructose corn syrup because high fructose corn syrup (HFCS) has replaced cane and beet sugar in processed foods and soft drinks over the past 25 years. When you read the food labels in your kitchen you’ll find that we now consume HFCS in all kinds of processed foods, not just desserts and drinks also in breads, cereals, ketchup and yogurt so you will easily realize that you associate with the devil by consuming devil’s candy. However, despite the alarming damages of HFCS there is a huge demand for HFCS by firms and governments. Profit concerns and governmental issues are the major reasons behind demand but also there are some problems related to consumers.
In this proposal it is intended to investigate the problems behind the over usage of HFCS and offer solutions against that danger, select the criteria to evaluate the applicability and efficiency of the proposed solutions and finally introduce the research methodology constituted the basis of my further research.

Problem Definition There are some problems caused by people, firms and governments lead us to over use HFCS. The followings are the most crucial problems behind this issue; I. Ignorance
People don’t know the difference between corn syrup and high fructose corn syrup. They think they are same but they are not. Corn syrup is mainly glucose produced from corn starch. There is no naturally occurring fructose in corn which is why corn isn’t sweet. But, in the 1950’s, scientists found a way to convert the glucose in corn into fructose. The resulting concoction is 90% fructose .That fructose is mixed with the corn syrup, which is glucose until a 45/55 balance is reached (fructose being the higher percentage). Later, in the 1970’s, the process was scaled and we saw the birth of the HFCS [1].Unfortunately, most of the people consume HFCS supposing it is their grandmothers’ corn syrup. Therefore, HFCS is consuming unconsciously too much. II. Attractiveness for the food industry
High fructose corn syrup (HFCS) is often the sweetener of choice because it has lots of advantages. The first is that it is cheap. In 2007 the cost of 1 dry pound of HFCS was roughly 32 cents. At the same time, the cost of refined sugar was 52 cents per dry pound [2]. There is no wonder that the food industry uses it in order to keep costs down. The second reason HFCS is used instead of regular sugar is that it acts as a preservative thereby extending shelf life. Lastly, it provides many consumer benefits because it retains moisture, resists crystallization, reduces freezer burn and maintains sweetness. Thus, from the perspective of the food industry HFCS is a miracle additive. More sweet than regular sugar, almost half the price, and it’s also a preservative. III. High quotas of countries
Governments give permission to firms to produce and use HFCS because it provides financial profit. On the contrary, recently some countries realize the importance of that danger and begin to take action. For instance; UK, Holland and France banned the production of HFCS. Likewise, USA reduces their usage quotas to 2% although they are the world’s biggest producer of the corn. However, while all these has been happening Turkey has imported 500 000 tons of corn in 2010 to produce 400 ytl cheaper HFCS per ton. In addition to this, we raise our quota of usage from 10% to 15% in 2001 and council of minister enabled increasing or decreasing quotas by 50% with the 2001 sugar law [3]. IV. Health concerns
All these given problems behind the over usage of HFCS give a birth to biggest problem threatens our lives, health concerns.
The first big concern that has come up in recent years is mercury which is used in the production of HFCS and harms our neural system. There were tests done in 2005 that showed that a full third of all HFCS products contain some amount of mercury [4].
The other crucial health concern with HFCS is its role in obesity. Unlike carbohydrates made up of glucose, fructose does not stimulate the pancreas into producing insulin. Nor does it promote the production of leptin, a hormone made by fat cells. Under normal conditions, the amount of insulin and leptin in the body signal to the brain that you’ve had enough to eat. Meanwhile, fructose doesn’t seem to suppress the production of ghrelin, the hormone that triggers appetite, which normally declines after eating. In tinkering with the body’s hormonal balance, fructose also causes the liver to spew more fat into the bloodstream than normal [5]. In short, when you consume HFCS, you leave yourself open to the risk that you will over-consume calories from all sources, as your body will fail to realize when it is full.
In 2004, researchers from the Louisiana State University and University of North Carolina published a paper that theorized that high-fructose corn syrup in beverages could play a role in the obesity epidemic. They looked at the correlation between the 1,000 percent increase in high-fructose corn syrup consumption between 1970 and 1990, and a correlating rise in obesity rates. Because of the way the body metabolizes fructose from beverages, the researchers argued, it may play a role in the obesity epidemic [6].
Apart from these two main concerns, HFCS has many side effects such as diabetes, tooth infections and decay, triglycerides increase, increased risk of heart attack and heart disease, poor immunity and fatigue.

Proposed Solutions I. Limiting our consumption
The over usage of HFCS can be controlled and monitored by using less-packaged foods and using natural and alternative liquid sweeteners perform nearly the same function, such as agave nectar, maple syrup, honey, rice syrup, and golden syrup.

II. Asking for a local food
If you’re worried about corn syrup “hiding” in foods, read labels, cook for yourself as much as possible and while buying food ask where your food comes from and prefer locally-produced, fresher, more healthful foods from smaller producers.

III. Urge governments to reduce the quotas
Don’t let governments play with our future due to some profit and political counts. We may propose a resolution to UN in order to reduce the quotas or we may use media to remind people the facts of HFCS to make a corporate action.

Criteria for Assessing Solutions * Applicability: Proposed solutions must be realistic and practical. The offered solutions concern different sides such as consumers, firms, government and media. Therefore, solutions must be acceptable by these different sides. Adaptability of the solutions for different sides must be examined. * Simplicity: The proposed solutions should not be a figment of anybody’s imagination. They should be perceived well by everyone thus it will be possible to overcome problems. * Acceptability: In order for a particular solution to survive, it is a must gain public acceptance. Without public acknowledging the need and usefulness of that solution, it is not possible to implement the solution. * Effectiveness: Solutions must be sufficient to resolve the problems. Permanency of the solutions increases the effectiveness of the solutions. In some the comparison of the statistics and observations before and after the application of the solutions areas can be helpful to determine the effectiveness of the solutions.

Proposed Research Methodology
For further examination of effectiveness and practicality of the solutions, the research methodology is the following: * A survey can be made to find out what percentage of people ignorant about the HFCS. * More comprehensive research can be made to find out undirected problems of HFCS. * Analyzing the report about HFCS that the ministry of health will officially publish. * Searching more databases to find more statistics and graphs related HFCS. * Gathering information on applicability and acceptability of proposed solutions in the way of all sides by examining the solutions has been applying in other countries.

[1] “High fructose corn syrup: The facts” [2] “The Sleaze that is the American Beverage Association” [3] Ahmet Atalık, “Cargill+Arttırılan Nişasta Bazlı Şeker Kotası = Kaybeden!!!” February 2004
[4] “High fructose corn syrup: The facts” [5] The Economist,”The fatness formula”, May 18th 2007 [6] Kevin McCarthy, “The whole truth about high-fructose corn syrup
“,28 October 2008 .…...

Similar Documents

Free Essay

Poverty & Obesity

...increasing the USDA’s budget” (para. 6). The whole system needs reform and subsidies need to be reduced or repealed. Another reason to reduce the government subsidies is because another by-product of corn that is produced in overabundance is High Fructose Corn Syrup (HFCS), which has replaced pure cane sugar because it is cheaper to produce (Pollan, p. 104). What is HFCS? High-fructose corn syrup contains fructose and sucrose, the same compounds found in cane and beet-sugar, the latter two having a 50-50 ratio of both compounds. The difference, typically, is that HFCS is so highly processed that the ratio of the resulting product, HFCS, “is about 55 percent fructose and 42 percent sucrose” (Parker, 2010, para. 8), which on the surface doesn’t seem a whole lot of difference to cause one to be more fattening than the other, but consider this, “While this may not have reduced soda prices to an extent that would account for rising consumption, there is little doubt U.S. agricultural policies have indirectly subsidized a sector that my be contributing to health problems” (Harvie & Wise, 2009, para. 4). The second difference is, according to (Parker, 2010): …as a result of the manufacturing process of HFCS, the fructose molecules of the sweetener are free and unbound, ready for absorption and utilization. In contrast, every fructose molecule in sucrose that comes from cane sugar or beet sugar is bound to a corresponding glucose molecule and must go......

Words: 2526 - Pages: 11

Free Essay

High Fructose Corn Syrup

...High Fructose Corn Syrup High Fructose Corn Syrup is often used as a sugar replacement. This is because in the US it is cheaper from a combination of Corn subsidies and sugar taxes, also because HFCS is transported as a liquid as opposed to sugar, which is a solid. Even though there are multiple steps that require expensive enzymes, the HFCS is still less expensive than the alternative. The lower cost means food producers are able to produce their food and drinks for cheaper and also earn more profit on the goods they sell. The process to develop HFCS was discovered in the 1970’s. Its popularity in America rose quickly; its use saw an increase from 3 million tons in 1980 to 8 million tons in 1995. HFCS use surpassed the use of sugar in the late 90’s and continues today to be more widely used. More HFCS is consumed than sugar by Americans. The process is more difficult than the process to get sugar from sugar cane or beets. There are multiple steps involved including three enzymes needed to break down the complex glucose molecules of the cornstarch to the simple glucose and fructose sugars. Each enzyme breaks down the molecule to smaller pieces, until the manufacturer ends up with 40% fructose and 50 to 52% glucose. Other sugar molecules are also still in the mixture. The final two steps result in the 55% fructose mixture that the industry requires. A 90% mix of fructose is poured back in to the original mixture of glucose and fructose. There......

Words: 795 - Pages: 4

Free Essay

High Fructose Corn Syrup: the New Scapegoat to Obesity

...Syrup: The New Scapegoat to Obesity Recently, the majority of the United States population has been increasingly concerned with the affect of the controversial issue surrounding high fructose corn syrup (HFCS) in their diet. Today, about 55 percent of Americans list the infamous sweetener among their food-safety worries, right behind mad cow disease and mercury in seafood, according to the consumer research firm NPD Group (Parker-Pope, 2010). It has caused a major stir in the media, nutritionist and dietitians, food manufacturers, corn refiners and above all, consumers. As a result, there have been opposing conclusions amongst researchers. Of course, there are always two sides of the story. Hence, researchers have conducted numerous and time-consuming lab experiments on rats and human subjects alike to contradict each other’s studies and conclusions. It is a matter of which side to believe and how reliable the information presented. For starter, research claims that HFCS is linked to obesity. However, on the other side of the spectrum, researchers claim that HFCS is nothing less than a table sugar in a liquid form and it actually provides many benefits to processed foods. Although they are in strong opposition, both seem to agree on one thing: Consumption of HFCS moderately may reduce obesity. In doing my research, I learned that high fructose corn syrup is not as dreadful as many inadequately informed consumers make it out to be. The key to avoiding obesity......

Words: 1596 - Pages: 7

Free Essay

High Fructose Corn Syrup

...Syrup& Obesity Despite of the consensus from several scientific organizations, White (2008) does not seem to agree that high-fructose corn syrup consumption plays a role in the prevalence of obesity. His discussesthe 5 hypotheses formulated where he concluded that high-fructose corn syrup consumption has no relation with obesity. His hypotheses are, HFCS and sucrose must be significantly different; HFCS must be uniquely obesity-promoting; HFCS must be predictive of US obesity; HFCS must be predictive of global obesity; and Eliminating HFCS from the food supply must significantly reduce obesity. As White discusses in his first hypothesis, HFCS and sucrose must be significantly different, glucose to fructose ration in high-fructose corn syrup is almost 1:1; where he stressed out that it’s just as similar to the ratio in sucrose, invert sugar, and honey. Similar ratio was also noted in fruit and fruit juices as he added. He also mentioned that the only observed distinction in the composition of sucrose and other fructosecontaining sweeteners is the existence of f a bond linking fructose and glucose. White also emphasized that the HFCS-obesity hypothesis of Bray et al. relies on the positive association between the increasing usages of high-fructose corn syrupand increasing prevalence of obesity rates in United States. He also discussedthat other studies show that high-fructose corn syrup is sweeter as compared to sucrose, but upon his assessment high-fructose corn syrup is not......

Words: 2071 - Pages: 9

Premium Essay

Oscar Project

...issue Hugo identified that the long term future of the automotive industry was uncertain as it relied heavily on finite fossil fuels. Hugo identified a market opportunity that would take advantage of the current issues the automotive industry had by proposing a vehicle that did not depend entirely on the consumption of finite fossil fuels. The creation of the LIFEcar project was Hugo’s answer to clean transport and it seemed to be the way forward and future of automotive technology. With the concept of the LIFEcar project underway Hugo identified another potential market for Hydrogen fuel cell Car, one which he believed seemed to be a more ideological market and moved away from the development of a HFC sports car. Hugo identified that a more promising early market would be for HFC city-cars, this lead to the development of a second project the Hyrban city-car. The Hyrban city-car had similar technological aspects to those that were introduced in the LIFEcar project and therefore seems to just be a slight variation of the LIFEcar to allow it to enter another potential market. The development on the project structure for the LIFEcar project began with Hugo creating a consortium of partners of both academic and private organisation. The partners of the LIFEcar project included the Morgan Car Company, a British automotive company, was responsible to produce a lightweight Chassis and body as well as being responsible for the assemble and testing stages of the project. QinetiQ, a......

Words: 5240 - Pages: 21

Premium Essay

Case of Missing

...Why then should there be any significant difference between consuming sucrose and HFCS-55? A:  I believe that when the bees consume HFCS-55 that their body breaks it down and poisons the bees’ body.     Q: Can HFCS-55 be considered a natural substance? Explain your reasoning, specifically listing the criteria by which you believe a substance may be considered “natural” as opposed to “unnatural.” A:  I would say that HFCS is “unnatural” because HFCS is produced by using an enzyme (Alpha-amylase) to break down corn-starch. This leads me to ask why must we need the enzyme if it were “nature” Q:  Both “natural” and genetically modified (GM) forms of corn are available in the United States. Based on the criteria that you have listed for Question 2, does your answer to the previous question depend on whether the HFCS-55 is made from “natural” or GM corn? Explain your reasoning. A:  Yes, I believe that HFCS-55 is not “natural” and that it is a genetically modified form of corn.  Q:  It has been argued that just the process of transporting honeybees from one crop location to another over long distances may contribute to CCD regardless of what the colonies are fed. Is there evidence to support or refute this argument? A: Yes, I think that taking these bees all over the country each year is causing them stress and not to mention the fact that they need to eat and are being feed HFCS-55. It may be weakening their bodies because it’s a cheap way to feed them.......

Words: 949 - Pages: 4

Free Essay

Kyc Policy

...YOUR CUSTOMER’ & ‘ANTI MONEY LAUNDEERNG MEASURES’ FOR HFCs Please refer to our Circular NHB(ND)/DRS/POL. No. 13/2006 dated April 10, 2006 and circulars issued subsequent thereto from time to time on the above subject advising Housing Finance Companies (HFCs) to ensure that a proper policy framework on ‘Know Your Customer‘ and ‘Anti money Laundering Measures’ is put in place with the approval of their Board. In this connection we wish to inform that the said Guidelines have since been reviewed in the light of subsequent developments including amendments in the Prevention of Money Laundering Act and Rules framed there under.The revised Guidelines on ‘Know Your Customer‘ and ‘Anti money Laundering Measures’ that are to be followed are enclosed. HFCs are advised to amend their existing policy framework keeping the above Guidelines in view with the approval of their Board within one month from the date of issue of this circular and ensure their strict compliance. A copy of the modified policy should be sent to the National Housing Bank. Please acknowledge receipt. Yours faithfully, (R.S.Garg) General Manager Department of Regulation and Supervision Annexure : Guidelines on ‘Know Your Customer’ and ‘Anti Money Lending Measures’. GUIDELINES ON ‘KNOW YOUR CUSTOMER’ AND ANTI-MONEY LAUNDERING MEASURES 'Know Your Customer' Guidelines The objective of ‘Know Your Customer (KYC) Guidelines’ is to prevent housing finance companies (HFCs) from being used, intentionally or......

Words: 5487 - Pages: 22

Free Essay

Missing Bees

...corn syrup (HFCS) consumed by honeybees, and (2) about one third of the honeybee colonies in the U.S. have “collapsed” and are no longer available. The latter phenomenon is called colony collapse disorder (CCD) (Kaplan, 2009). It must be noted, however, that while these phenomena correlate, correlation can exist without causation. This case study will consider whether recent research establishes a causal link between these two observations. Many things, ranging from pesticides to cell phone use to virus infestations, have been blamed for CCD and it is likely that there may be multiple causes for this phenomenon (Millus, 2009). In this case study, however, our focus will be limited to recently disclosed problems that reportedly arise when HFCS is used to feed honeybees. HFCS is produced using an enzyme (alpha-amylase) to break down cornstarch, a high molecular weight glucose polymer, into smaller, approximately eight glucose unit fragments. These units are then treated with a second enzyme (amyloglucosidase) that breaks them into individual glucose molecules (Crabb, 1999). Glucose isomerase, a third enzyme, then converts the glucose molecules into fructose. A blend of 45% glucose and 55% fructose, called HFCS55, has been found to closely approximate the taste of sucrose (table sugar) and is the most widely used form of HFCS in the U.S. It has become ubiquitous in our diets. A U.S. Department of Agriculture (USDA) report demonstrates how dramatically the use of HFCS has......

Words: 2226 - Pages: 9

Premium Essay

Sci-228 Wk2 Ilabe

...High Fructose Corn Syrup Terry Johnson Devry University 9/11/2014 HFCS was first introduced by Richard O. Marshall and Earl R. Kooi in 1957. They were, however, unsuccessful in making it viable for mass production, primarily because the glucose-isomerizing activity they discovered required arsenate, which was highly toxic to humans. An industrially feasible glucose isomerase, which did not require arsenate ion for its catalytic activity, was first discovered by Dr. Kei Yamanaka, Kagawa University, Japan, in 1961. The industrial production process was refined by Dr. Yoshiyuki Takasaki ay the Agency of Industrial Science and Technology of Ministry of International Trade and Industry of Japan in 1965-1970. High-fructose corn syrup (HFCS) is a fructose/glucose liquid sweetener substitute for sucrose common table sugar, first introduced to the food and beverage industry in the 1970s. There is not much different in the composition or metabolism of other fructose/glucose sweeteners like sucrose (sugar), honey, and concentrated fruit juices. HFCS was broadly accepted by food designers, its use grew between the mid-1970s and mid-1990s as an alternative for sugar. HFCS instantly proved itself as an alternative to sugar in liquid applications because of its salability in acidic foods and beverages. HFCS it is syrup, and can be pumped from delivery vehicles to storage and mixing tanks, requiring only simple dilution before use. This ingredient derived from corn a dependable,......

Words: 758 - Pages: 4

Premium Essay

Obesity in the Us

...Add page numbers. HFCS: A sweetener with an unhealthy aftertaste Donna Hill-Spence Devry University High fructose corn syrup (HFCS) has recently received considerable media attention for its negative impacts on consumers’ health. Most investigators and nutritionists believe that the increase in obesity in the United States has paralleled the increasing use of HFCS. Current soft drinks and many other foods are sweetened with this product because it is inexpensive and has useful manufacturing properties. All of these reasons directly benefits the food companies, but are causing body damage and metabolic diseases for the consumers. Even though the corn lobby is trying to prove that HFCS is nearly similar to regular sugar, this is not true. HFCS is high in fructose (55%-72% fructose and 45%-28% glucose) citation needed for these statistics. that is bad for our health. It is so ubiquitous in processed foods and so over-consumed by the average American that many experts believe our nation faces the prospect of an epidemic of metabolic disease in the future, related in significant degree to excess consumption of high-fructose corn syrup. The fact that HFCS is a highly and overly processed unhealthy sugar that is also linked to obesity and other cardiovascular diseases should cause great alarm in all American consumers. First of all, HFCS is very different from regular table sugar. It is a highly processed sweetener that is bad for our health. If you ever tasted cornstarch...

Words: 1358 - Pages: 6

Premium Essay


...corporate sector, attractive spread and lower non performing assets The major players in Indian housing finance industry are the Housing Finance Companies (“HFCs”), Scheduled Commercial Banks, and Co-operative Banks. The total incremental disbursements of the HFCs and the Banks have increased from approx Rs 16,000 cr in 1998-99 to approx. Rs 39,000 cr in 134 2002-03 with direct incremental disbursements1 growing from approx Rs 10,500 cr to Rs 34,000 cr during the same period. The year 2002-03 has witnessed a growth of 29 percent in total incremental disbursements and 33 percent in direct incremental disbursements over that of last year. Total incremental disbursement less Bank loans to HFCs, Bank investments in NHB/HUDCO Bonds and Bank loans to employee The incremental disbursements of HFC’s is estimated to have increased by 21 percent to approx. Rs 18,000 cr with incremental disbursements of HDFC, the leading HFC increasing 31 percent from Rs 7,616 cr to Rs 9,951 cr during 2002-03. However, the aggregate market share of HFCs as a whole declined. The HFCs have mostly lost market share to the banks with the worst hit being inflicted on the small and medium HFCs. The total outstanding loans of HFCs are estimated to have increased by 21 percent to Rs 46,500 cr in the year 2002-03. The share of the direct loans outstanding of HFCs to total loans outstanding is estimated to have declined from 74 percent in 2001-02 to 64 percent in 2002-03. Reduced off take by the corporate......

Words: 2541 - Pages: 11

Premium Essay

Hershey Food Corporation

...HERSHEY FOODS CORPORATION: BITTER TIMES IN A SWEET PLACE Teaching Note Synopsis and Objectives The proposed sale of Hershey Foods Corporation (HFC) during the summer of 2002 captured headlines and imaginations. After all, Hershey was an American icon, and when the company’s largest shareholder, the Hershey Trust Company (HSY), asked HFC management to explore a sale, the story drew national and international attention. The company’s unusual governance structure put the Hershey Trust’s board in the difficult position of making both an economic and a governance decision. On the one hand, the board faced a challenging economic decision that centered on determining whether the solicited bids provided a fair premium for HFC shareholders. On the other hand, the governance decision required the board to balance its fiduciary responsibility against the original mandate of Milton Hershey to support the Hershey School in perpetuity. The fiduciary responsibility is relatively simple compared with satisfying a broad array of constituents, including the Hershey community, HFC employees, and Pennsylvania’s attorney general. In addition to this teaching note, we provide a variety of teaching supplements to support a discussion of the complex issues presented by the case: • Video footage of the Hershey community and key players in the case • Excel spreadsheets for key case exhibits • Excel spreadsheets for key teaching-note exhibits •......

Words: 7381 - Pages: 30

Free Essay

High Fructose Corn Syrup and Your Health

...the rise in obesity and other health-related problems that is out of proportion with our increase in population. This paper will question whether the addition of fructose and high-fructose corn syrup (HFCS) in beverage and food items has contributed to this problem. There are popular theories about decreased physical activity or perhaps the dissolution of the nuclear family mealtime as possible sources for increased obesity rates. Yet time and time again scientific food research has observed changing trends in eating habits, food choice, and ingredient additives as likely causation. The data that I have found through researching credible sources supports the theory that HFCS additions have contributed to obesity (as measured by BMI) and gout in addition to other health-related problems such as high blood pressure and visceral abdominal fat collection. The public is poorly informed in regards to the actual amounts of HFCS that is added to typical food items and correlative potential for untoward health effects of epidemic proportion. Education in regards to the risks associated with HFCS-rich diets and improved label identification of the amount of fructose-based additives in food are needed. Problem Analysis: The addition of fructose and high-fructose corn syrup (HFCS) in beverages and food has contributed to an increase in health problems such as obesity and gout (Lin, et al. 2011) and should be regulated and better identified on food packaging for the awareness......

Words: 2281 - Pages: 10

Free Essay

Emotional Thinkers

...corn syrup. First it was made and introduced in United States in late 1950s, but it was not perfected. A decade later Japan have improved and started using it for mass production. HFCS was added to processed foods and soft drinks as a sugar substitute. Advantage of this new food additive was a much easier production and a low price. Right after Japan, USA started using it too; however, no one new its affects on the human body. Since USA started to add HFCS to manufactured food and soft drinks, the rates of obesity, heart diseases and metabolism problems has grown. Since we started to use HFCS in our manufactured food our obesity rates have been increased among the all ages of USA residents. According to Centers for Desease Control and Prevention (CDC), “During the past 20 years, there has been a dramatic increase in obesity in the United States and rates remain high. By state, obesity prevalence ranged from 21.0% in Colorado to 34.0% in Mississippi in 2010. No state had a prevalence of obesity less than 20%. Thirty-six states had a prevalence of 25% or more; 12 of these states (Alabama, Arkansas, Kentucky, Louisiana Michigan, Mississippi, Missouri, Oklahoma, South Carolina, Tennessee, Texas, and West Virginia) had a prevalence of 30% or more.” One significant problem that causes obesity is that HFCS mainly consists of “empty calories”. When people consume them, they feel still feel hungry for some time, since these calories don’t give a feeling of being full after a meal.......

Words: 1541 - Pages: 7

Premium Essay


...procurement of application form from the HFC of your choice. The Performa of application every HFC (Housing Finance Companies) is different from the other but about 80% information required to be furnished is the same. Along with the application form necessary documents like address proof, age proof, proof of income, bank balance etc. are also to be attached with the application form before it is submitted to the HFC. Along with all these documents HFCs also ask for processing fee of the home loan that varies 0.25% to 0.50% of the total loan amount.  Step 2 : Personal Discussion After successfully filling the application form and submitting it to the authority the next step is face to face with bank or HFC where you have applied for the home loan. The bank first evaluates the papers submitted and summons the applicant for the personal discussion regarding the home loan applied for. It is advisable that you carry all your original documents of whose copy you have submitted along with the application.  Step 3 : Bank's Field Investigation The next step is the field investigation done by the HFC or banks. They sent their representatives to the existing residence of the applicants or their offices for the validation of the documents submitted. This is the essential part for the banks to establish the trust with the applicants. Step 4 : Credit appraisal by the bank and loan sanction This is the make or break stage of the process. The bank or HFC will establishes......

Words: 2549 - Pages: 11