Home Loan
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Banks to Reduce the Home Loan Interest Rates
The summer has brought joy for the potential homebuyers. All the major banks in the country are now reducing the home loan interest rates, making it easier for the homebuyers to invest in the property. The move came into effect after the Reserve...
Dev Singhraha
HOME LOAN -
Pre-Approved Loans Myth Busted
In comparison to olden days, buying a house now is an easier task. With bank financing most of our purchase, the buyer can fulfil their dream of owning a house, or even multiple houses, at early stages of life. Most buyers now are in their late twent...
Dev Singhraha
HOME LOAN -
Time taken by Banks to Process the Home Loan
Times have changed a lot in the last five years. With the increasing competition in the financial sectors, the banks are under pressure not to lose any of their clients. Five years back applying for a home loan and getting it approved would have take...
Dev Singhraha
HOME LOAN -
Home Loan EMIS to get Cheaper than Rent
On April 4th, the Finance Minister Arun Jaitley announced that the government is planning to make home loan EMIs cheaper than paying the average rent. This decision has come after the Reserve Bank of India reduced its repo rates by 25 basis points. ...
Dev Singhraha
HOME LOAN -
Everything You need to know about Home Loan and Mortgage Loan
Often people get confused between the home loan and mortgage loan. As similar these sounds, they both are very different from each other and serve a different purpose. To make an absolute difference, the home loan is specifically given out to buy the...
Dev Singhraha
HOME LOAN -
Everything You need to Know about the Home Loan if the Borrower Dies
Taking a home loan and repaying the loan amount is a loan time commitment. The loan tenure can range anywhere between 10 to 30 years. But what will happen if the loan borrower dies in the middle of loan repayment? Will you lose the property ownership...
Dev Singhraha
HOME LOAN -
Assumptions that can Harm your Credit Score
Your credit report directly affects your chances of getting your loan application approved or not. The loan lenders check your past credit history to see how good and disciplined you are at repaying the borrowed money. Generally for the loan applicat...
Dev Singhraha
HOME LOAN -
How to Tackle the Situation if You Default on Your EMI Payments
Unfortunate incidents can walk into our life without knocking on the door. Such incidents can cause us not only emotional and mental trouble but also financial trouble. Falling into such pit is not in our hands but how we handle such situations defia...
Dev Singhraha
HOME LOAN -
What Happens when the Developer Defaults on his Loan?
As a buyer, we make sure that we have done everything correctly, from the documentation to the careful planning of the financial implication that comes with it. But not everything is on our hand, especially the developer’s work pace and the constru...
Dev Singhraha
HOME LOAN -
Why Borrowers do Not Prefer to Switch Loans?
Loan borrowers always have the option to switch their loans from one lender to another. But most often they hold themselves back from doing the same. One reason is that when you approach the current lender and tell them about your decision to mo...
Dev Singhraha
HOME LOAN
