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Showing posts from April, 2019

Some important home loan documents?

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The greatest joy of a person’s life is buying a home for himself/herself. But to make this dream come true, you need to follow certain guidelines and procedures. A home loan forms a major part of buying a house, and this process starts with submitting your home loan documents to the lender. Do you know the documents required for home loans? Do you have all the required documents? Before applying for a home loan, you need to ask these questions to yourself. You can find the answers to these questions in this article of ours. You will get to know how to process your entire loan as quickly and effectively as possible. You need to be very careful when it comes to your original documents, and you also need to know how to submit the documents. You should know the right person to contact to and also the process after document submission. So check before you apply for a home loan. Are you ready for the application? Find it out here. Also Read- Do you have these important home loan document

Home Loan Balance Transfer - A Good Idea to Reduce Interest Rate

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Do you feel burdened with increased repo rates? Do you want to transfer your home loans? You will find the answers to your question in this article. The recently increased repo rates have become a burden for the people as it has increased the home loans rate of interests. Many people might not be able to afford the payable EMIs. In such a situation people often look for a home loan transfer to get lower interest rates. The transfer of home loan outstanding to a new lender not only helps the people to avail lower interest rates but also makes their EMIs affordable. But most of them must not be aware of what home loan transfer is? What are its features? How to get you home loan transferred to a new lender? Criteria for choosing a new lender? All these questions have been answered in this article. To understand what home loan transfer actually is and how to get it processed by choosing the right lender in the market that is the one offering lower interest rates follow this article and ge

Top Up Loans: Solution For Home Loan Borrowers

If you want to own a house and you do not have funds, then you may apply for home loans which generally comes with a longer tenure and the best part is that you can also take a top up on your existing loan to meet your additional requirements. You can avail a top up on your home loan wither from an NBFC or Bank from which you have already applied for a loan. The general tenure of a top-up loan is approx 10 years which could be stretch to 15 to 20 years if the tenure of the loan is very high. You can have several benefits on your home loan top up like: 1) The top-up loans can be used anywhere means to meet your emergency requirements, manage wedding expenses, funding your child’s higher education, etc. 2) They are ideal when you are looking for quick funds to meet your emergency requirements as they require very less documentation. 3) It is available at a very less rate of interest. Moreover, it also requires no mortgage to avail a loan which is hassle-free. 4) You can also ear