Tags: Home Loan

Key things to remember before taking a loan against property.

Taking a loan against property is a significant financial decision that requires careful consideration. Here are some key things to remember before taking a loan against property: Things to remember: Assess Your Repayment Capacity: Before taking a loan, evaluate your financial situation to ensure you can comfortably repay the loan EMIs without straining your budget. […]

Read more

Latest RBI Guidelines for home loans.

RBI guidelines for home loans often revolve around aspects such as interest rates, loan-to-value ratios, loan tenure, borrower eligibility, and more. These guidelines are aimed at promoting transparency, protecting consumer interests, and maintaining the stability of the financial sector. According to RBI guidelines in properties under 30 lakhs, the LTV ratio is up to 90%; […]

Read more

Low CIBIL Score and Need a Home Loan?

Having a low CIBIL (Credit Information Bureau India Limited) score can pose challenges when applying for a home loan. However, there are steps you can take to improve your chances of getting approved for a home loan despite a low credit score: Steps to improve CIBIL: Check Your Credit Report: Obtain a copy of your […]

Read more

Key things to know about Home Loan?

Taking out a home loan is a significant financial commitment and a complex process. The other important things to know about Home Loan considerations include age, qualification, financial position, number of defendants, spouse’s income, and job stability. Here are some key things you should know about home loans before applying for one: Interest Rates: Home loans come […]

Read more

All about real estate loans.

Real estate loans, also known as real estate financing or real estate mortgages, are financial arrangements that allow individuals or businesses to borrow money to purchase or invest in real property. These loans are a critical component of the real estate industry, as they provide the necessary capital for property acquisitions and developments. Here’s a […]

Read more

Home Loan Vs Land Loan: What’s the Difference?

A home loan and a land loan are both types of loans provided by financial institutions to help individuals purchase property. But a home loan and a land loan are designed for different purposes and come with distinct features. Here’s a breakdown of the differences between a home loan and a land loan: Home Loan: […]

Read more
Documents Required for Home Loan in 2023.

Documents Required for Home Loan in 2023.

As of 2023, the specific documents required for a home loan may vary slightly depending on the lender and the type of property being financed. Basically, ID Proof and income proof are common documents required for a home loan. However, generally, the following are the common documents required for a home loan that borrowers typically […]

Read more

Compare