Credit score works as an indicator of the creditworthiness of the Nowadays, most people depend on loans to buy While taking a loan, the lender considers different factors such as income, age, credit score, employment, and Out…
Home Loan Tenure – Maximum and Minimum
A home loan tenure is the period for which a borrower takes a loan to purchase or construct a This period typically ranges from 10 to 30 years, depending on the borrower's preference and the lending institution's Home…
Mortgage Loan Vs Home Loan – What is the Difference?
When a borrower takes money from the bank to build or buy a house, it is known as a home Borrowers can also take loans to buy land or renovate the existing Home loan is released when the…
Home Loan Pre-approval: Simplifying the Homebuying Process!
Buying a home is a dream come true for most of For a majority of people, the first thing that comes to mind while thinking about buying a home is Taking a loan and repaying it in installments…
What is a Home Loan & Types of Home Loan in India
Obtaining a home loan in India is a vital financial choice whether purchasing a new home or modifying an existing It enables people to purchase a home when they otherwise would not be able Additionally, it permits individuals…
Home Loan Down Payment – The Ultimate Guide
A home loan down payment is a percentage of the total cost of a home that a buyer pays upfront as a part of their This amount is typically between 5% to 20% of the total The purpose…
Difference Between Fixed and Floating Interest Rate in Home Loan
A home loan, also known as a mortgage, is a type of loan used to purchase a The borrower typically makes a down payment on the property, and then repays the loan with interest over a period of 15-30…
How to Get a Home Loan to Buy a Flat in Bangalore
Understanding Home Loans in Bangalore A home loan is a specific kind of loan that a borrower obtains to buy a house or other piece of real The property being acquired serves as collateral for the loan, which is…