Buying a home is a significant financial decision, and choosing the right lender can make all the difference. Homebuyers in India can secure loans from either banks or housing finance companies (HFCs), but each … READ FULL STORY
Mortgage guarantee products can provide a sense of security for both lenders and borrowers. These products offer protection by guaranteeing the repayment of a mortgage if the borrower defaults. This added layer of security … READ FULL STORY
Home loans play a pivotal role in facilitating property purchases for individuals. Many home buyers opt for joint home loans due to their advantageous interest rates and simplified repayment options. However, one of the … READ FULL STORY
A home loan is the most convenient option to arrange the funds in your journey towards homeownership. Generally, it is easy to avail a home loan if the applicant has all the documents in … READ FULL STORY
Defaulting on a home loan can have serious repercussions, affecting not only your financial standing but also your future opportunities. For many in India, a home loan is the pathway to achieving homeownership, but … READ FULL STORY
Should you pay a big downpayment when buying a home on a loan or pay equal to the bank’s required margin? Since a home loan is one of the cheapest borrowing products, should you … READ FULL STORY
The term home loan is often used interchangeably with the word mortgage loan, but they are not the same things. In this article, we will talk at length about the two products and they … READ FULL STORY
Getting a home loan approval is crucial for many aspiring homeowners. Banks might reject loan applications for various reasons. Understanding these reasons helps you prepare better for your loan application. It’s important to know … READ FULL STORY
Preparing to buy a house involves more than just saving money for a down payment. It requires careful financial planning and preparation to ensure a smooth and successful purchase. From managing your credit score … READ FULL STORY
Acquiring a home is a major life goal for many, and a home loan is often a necessary tool for achieving this dream. However, the equated monthly instalments (EMIs) associated with these loans can … READ FULL STORY
Purchasing a house is a major financial decision. Since it involves a large sum of money, finances become a key concern for most home buyers, especially first-time buyers. To enable hassle-free property transactions, many … READ FULL STORY
Homebuyers may often hear about how a repo rate cut by the Reserve Bank of India (RBI) is likely to impact home loan interest rates. They may also hear similar things being mentioned when … READ FULL STORY
April 5, 2024: The Reserve Bank of India (RBI) today maintained a status quo on key policy rate amid signs of better growth and moderating inflation. Announcing the first bi-monthly monetary policy of the financial year 2024-25 (FY25) … READ FULL STORY
