Home Loan
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Home Loan
A home loan is an amount of money that an individual can borrow from a bank or Housing Finance Companies for buying a residential plot, house, apartment or floor. The property is taken as a security by the money lending company and the borrower have to pay monthly EMI’s for the agreed Tenure which can be maximum up to 30 years
Types of Home Loans:
Purchase Loan
This is the loan that one takes for purchasing a residential property.
Improvement Loan
This is the loan given for the expenditure related to major repairs of your home and covers renovation.
Construction Loan
This is the loan given for construction of residential property
Home Refinance
This is the loan given as refinance within 12 months of purchase of any residential property.
Plot Purchase Loan
This is the loan given for purchase of a plot of residential land where the applicant wishes to construct his / her own house.
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Personal Loan
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Mortgage Loans
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Payday Loans
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