Home Loan
A home loan is a loan taken for buying or constructing a home or to make improvements to a residential property. You can get a loan from from banks and registered housing finance companies. Your home loan is secured against the property that you buy. This means that in case you are unable to repay the loan, the lending bank will have the right to take possession of your home.
There are a variety of home loans available. They are: HOME PURCHASE LOAN This is the common loan for purchasing a home.
HOME IMPROVEMENT LOAN This l...
Wed, 24 Jul, 2013 at 12:39 AM
To qualify for a home loan, most of the lending institutions in India require you to be: a) An Indian resident or NRI b) Above 24 years of age at the commen...
Wed, 27 Feb, 2013 at 10:20 PM