Purchasing or building a home is great for many people out there. If you do not have sufficient funds to buy a home, it would be a great option to take a home loan. Several lenders provide home loans with different interest rates and conditions. You are supposed to doContinue Reading
When applying for a home loan in India, a borrower’s credit score is one of the most important factors determining his/her eligibility and interest rates. Financial institutions can offer discounts of 10 to 100 basis points (bps) to loan applicants with credit scores of 750+, where 1 bps is equalContinue Reading
Home loans come with a long tenor and can stretch up to 30 years. During this period, if borrowers feel that the existing lenders cannot match their expectations and help them in reducing the cost of borrowing, they can opt for a home loan balance transfer. Home loan balance transfer refersContinue Reading
If you are looking for an affordable home loan interest rate in India, then you must take care of your credit or CIBIL score. It is one of the first among several other factors that a lender takes into account before sanctioning the loan. Read on to know how youContinue Reading
There is no doubt that a home gives one a sense of financial security. Being a significant investment, purchasing a house can burn a hole in one’s pocket due to the rise in real estate costs. Taking a home loan doesn’t just make home purchases affordable but also acts asContinue Reading
There are various lucrative deals and offers for first-time home-buyers or home loan borrowers. While the internet is already flooding with multiple guides and instructions to assist you in home loan processes, intended applicants need to have an in-depth understanding of the aspects before applying for a loan application. SinceContinue Reading