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home loans

Home Loans for Contract Based Employees in India

Home loans are the vital force that bridges our dream of owning a home to reality. But to avail a home loan, one has to qualify for it. All hosing financing companies follow some certain guidelines to find the creditworthiness… Continue Reading →

Home Loans for First Time Home Buyer: How to Get Qualified?

Buying a home of our own is one of the biggest motivations for many of us to work hard and save money. Buying a home is indeed a big deal for any person of any age. Moreover, if you are… Continue Reading →

How to Find the Best Home Loan in Your City?

Home buying has been much simplified with the advent called home loans. Because of the easy access to home loans, a huge number of people can now afford homes without much financial pressure. While buying a home through bank finance… Continue Reading →

How to Manage Your Home Loan Like a Pro

Home loans are a great option to finance your new house and are easy to avail too. But, managing a home loan efficiently is not that easy as you might think. A home loan is a long tenure loan hence,… Continue Reading →

How to Get the Best Home Loan Rates

One of the most commonly used funding source for procurement of a home is housing loan. This is available in India and it’s promoted by the government with low interest rates. Bank officials will visit the property to check if… Continue Reading →

Credit Score and Its Impact On Loans

The credit score is an important aspect when it comes to loan. Especially if it is a  home loan, it plays a major role because the home loan is a loan of long tenure as far as repayment is concerned…. Continue Reading →

Keep These Documents Ready for Home Loan Balance Transfer

Living in the own house is a dream of almost each and every person. To support and help the people fulfilling the dreams, the banks such as HDFC, ICICI, SBI and FIs such as Bajaj Finance, Tata Capital etc. have… Continue Reading →

Top 7 Things to Keep in Mind When Prepaying Your Home Loan

Home Loan is that credit instrument which helps us to purchase our own home. A study says that more than 80% of the people living in urban areas go with home loan to buy their home. Most of the people… Continue Reading →

How to Prevent Foreclosure of Your Home Loan?

The time homeowner is facing financial issues; dreadful consequences can enter into the picture. This is very true when it comes for the foreclosure of your house that was used to secure the debt owed to the lender who is… Continue Reading →

Essential Considerations before Applying for a Home Loan

Samarth always had a dream to purchase his own house, rather own a lavish house, in which he can live with his large family. When he got stable in his job, he decided to opt for a home loan. He… Continue Reading →

When Should You Prepay Your Home Loan

Home loan is usually offered for a longer period and for a larger amount. Hence, home loan brings a huge financial burden for the borrower and it leads to hamper the financial budget of the borrower many times, if he… Continue Reading →

Top 5 Factors That Affect Your Home Loan EMI

Buying a home has never been an easy task but the easy availability of Home Loan by different banks and NBFCs has made it possible, and it is easier and cheaper now more than ever. Buying a home is a… Continue Reading →

Home Loan to Get Cheaper for the Borrowers Still on Base Rate

There is a relief for those who have availed Home Loans pre-April 2016 and are still stuck on the old base rate home loans rates and have not been revised by banks with the new market rates. The Reserve Bank… Continue Reading →

Plan Your Finances to Buy a House in 2018

Owning a house is a different feeling which comes with lots of happiness and self-respect. With the increasing price of property owning a house has become difficult. In this situation Home loan is the only option which helps to turn… Continue Reading →

Guide to Home Equity Loans

Home Equity Loans allow you to borrow against your home’s value when your home is still under home loan tenure. They provide access to large amounts of money, and are easier to get than other types of loans as this… Continue Reading →

Guide to Joint Home Loans

Everybody wants a big house. But before that everybody needs a house. Buying a home is one of the biggest investment and financial decision which we take in our life. Home Loan by different banks is the one which has… Continue Reading →

Bridge Home Loan to Cover the Gap to Your Dream Home

Owing a dream home is everyone’s dream. But due to lack of money and low budget many people are not able to purchase their dream home and they go for a home which cost them less. But the fact is… Continue Reading →

Impact of GST on Home Loans

GST got launched in India on 1st July 2017. GST is none other than one single indirect tax for the whole nation. GST has brought a big change in the whole market of India. The basic idea behind GST was… Continue Reading →

6 Things to Consider Before Buying a Second Home

Buying a second home is a dream for many people and the thought of owing a second home is itself very tempting. Nowadays the availability of home loans at lower interest rate has made it possible all the way. People who… Continue Reading →

Home Loan Top-ups – Are there Better Options?

Owning a home is a dream which is common to every common people, and Home loan is the best option for you to make your dream come true by purchasing a house. This fact is known to each and every… Continue Reading →

Own Your Dream House with Pradhan Mantri Awas Yojana

As per the recent survey India is going through a drastic shifting change. People because of the growing opportunities are shifting from rural areas to the urban areas. A lower class man shifts to a bigger town or city to… Continue Reading →

Home Loans in India: One for Every Need!

Home is one of the basic requirement after food and air for every human on this earth. Home is the place where one feel most safe, protected and relaxed. Some have their own house and some use rented house to live in…. Continue Reading →

Saving Tax on Home Loans

The dream of owning a house in India is no more a tough task when there are ample options to get a home loan. Indian Government is promoting housing in the country and there are target to ensure everyone own… Continue Reading →

No EMI Till Possession – What does it Means?

Everyone who has a plan of buying a house/flat from a builder would have come across this statement “No EMI Till Possession!”. But, what does it actually means? The answer will help you decide whether to take such offers provided… Continue Reading →

5 Tips for Home Loan for Under Construction Projects

Home loans are offered by bankers to your builder directly when it is taken for under construction projects. The builder will pay interest on this loan amount until he will hand over the house key to you after construction. The… Continue Reading →

Pre- EMI v/s Full EMI – What You Should Know

An equated monthly installment is also known as EMI and it is a combination of principal of the loan amount plus interest. All times depending on the loan type full loan amount will not be disbursed by the bank. In… Continue Reading →

Why Should You Calculate the EMI before Taking a Home Loan

Deciding home loan amount depends on the affordability of EMI. Every bank will first check how much EMI can the applicant afford and on the basis of this loan amount will be decided and the same will be sanctioned. Thus… Continue Reading →

All about Pradhan Mantri Awas Yojana – A Home Loan Subsidy Scheme from GoI

PMAY: Pradhan Mantri Awas Yojana PMAY or Pradhan Mantri Home Loan Subsidy Scheme is a Credit Linked Incentive Scheme (CLSS) through which home loans are made available at interest rate of 6.5% onwards. This loan can be availed up-to 15… Continue Reading →

Loan against Property or a Home Loan: Understand Your Requirements

Home Loan is a loan that is offered to individuals by banks or NBFCs to buy a house. This amount has to be repaid by borrower to the lenders through monthly installments also known as EMI. However, loan against property… Continue Reading →

10 Hidden Charges of Home Loans

Hidden home loan charges are unfair, deceiving and fraudulent practices by the banks in order to make more money from the commoners. There are no steadfast rules followed in this area of the banking sector. There are no definite guidelines… Continue Reading →

10 Home Loan Terms You Should Know

Buying a home is always a long term investment for many for us. Thus it is very crucial to get yourself well aware of all the know-how of buying a home through home loan. In simple term, home loan will… Continue Reading →

7 Different Home Loans You Can Get in India

Just like food and clothing, housing is also a very basic necessity. And for this the three main available option are either you rent a house, take it for lease or own one. While every youngster strives to build a… Continue Reading →

Cash Payment v/s Home Loan for Your Dream Home

The home of your dreams is not a choice you make in a hustle. You research a lot and think a lot too. Now, many times people fall into an enigma when it comes to the payment procedure that whether… Continue Reading →

Accounts that Reflect in Your Credit Report

Credit Score By now you have probably understood that scores are not only important in school or college mark sheets but also have immense intrinsic value in real life as well. Each and every activity you perform leads to adding… Continue Reading →

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