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Home loan

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Second Home Is An Attractive Investment Option

A second home is a good investment avenue, especially as the second home segment, all over the country, has appreciated astronomically in recent times. Real estate has long been considered a great long-term investment, and a second home is a great way to get into the action. Motive for invest in a Second Property Different people […]

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Equity Release Loan for Senior Citizens

Equity Release is a way of unlocking the value of your property without having to move home. Equity release is a means of retaining use of your house or other object which has capital value, while also obtaining a lump sum or a steady stream of income, using the value of the house. To be […]

Understand Your Home Loan

Banks generally quote an ‘annualized’ interest rate, but remember that interest rates can be deceptive unless you figure out how they are defined. When you take a loan from a bank or a housing finance company, bank offers you only 80 to 90 per cent of the value of the property i.e., you have to […]

How To Avoid Rejection of Home Loan application

Earlier getting a home a loan was easier as the lending companies or banks were competing with each other to attract maximum borrowers through attractive schemes such as teaser home loans. But now Reserve Bank of India (RBI) announced a series of monetary measures that tightened the norms for home loans. The RBI also sought to discourage […]

Home Loans are going to get costlier

The Reserve Bank of India (RBI) recently announced a series of monetary measures that tightened the norms for home loans. The RBI also sought to discourage banks from aggressively selling “teaser loans”, which are a big hit with people who want to buy houses. The banks will have to keep more money aside for offering teaser home […]

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