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housing loans

Housing loan tax savings

Budgetary benefits for Individual Home Loan Borrowers

Buying a home is the most common investment option in the current scenario. In addition to garnering higher profits, through home loan route, it also empowers individuals with successful tax savings. Thus, banks are not just targeting the individuals who do not have adequate resources, but for generic public who doesn’t need them and are […]

Yadunandan Batchu

bad credit history

How a bad credit history can affect your credit score

A credit score is very much important for you as it is like a print of your credit history to your finance providers or lenders. This is the thing based on which the lenders decide whether you are eligible for lending. A number of people suffer from the problem of bad credit score and if […]

Tips to buy and sell a home on loan

Is it possible to sell a mortgaged property? Do you need to settle the home loan first and then approach a buyer or can the buyer take over your loan? What if the buyer himself plans to take a loan to fund the purchase? Here are some tips on how to buy or sell a home […]

Pre-EMI vs Full EMI: Which one to go for?

The dilemma The most common dilemma a potential home buyer faces while planning to invest in an under construction or partially completed project is that of which home loan repayment schedule to go for. There are predominantly two options to choose from, one can either opt to pay full, equated monthly installments (EMI) or pre-EMIs. In […]

CommonFloor Editorial Team

SBI reduces home loan rates

With more and more lenders offering low home loan rates to their customers, the industry is all geared up to witness a huge change in the home loan front. The State Bank of India (SBI) has recently cut the lending rates up to 50 basis points effective from August 7. SBI has decided to offer […]

CommonFloor Editorial Team

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