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
In the intricate landscape of the Indian real estate market, property transactions are often seen as significant milestones. For sellers, these deals are not merely financial transactions; they usually represent years of savings, emotional … READ FULL STORY
The first budget at the beginning of a 5-year tenure of a government always has expectations. People are hopeful that the government will provide major tax relief. The realty sector is standing steadfast with … 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
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
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
April 15, 2024: Mortgage guarantee company India Mortgage Guarantee Corporation (IMGC) has announced its strategic partnership with public sector bank Bank of India (BOI) to offer mortgage guarantee-backed home loan products, according to an … READ FULL STORY
Many people dream of owning their own home. Home loans make this dream a reality by allowing us to spread the cost of buying a home over several years. What is meant by the … READ FULL STORY
Real estate projects need several certificates, such as a no objection certificate (NOC), project commencement certificate and completion certificate (CC). One of them is the occupancy certificate or the OC, that is issued by the … READ FULL STORY
Embarking on the journey of homeownership is a significant financial goal for many individuals. While securing a home loan is a common avenue for financing, incorporating a Systematic Investment Plan (SIP) into your financial … READ FULL STORY
Buying a home is one of the biggest financial decisions most people make in their lives. For many, it is a dream come true. However, most people require a home loan to make this … READ FULL STORY
Payment of the home loan before the mortgage period is known as pre-closure of the home loan. You can opt for a home loan pre-closure for many reasons, such as getting lower interest owing … READ FULL STORY
