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Know your Home Loan

Applying for Home Loan in India

Essential documents required while applying for a home loan

You see an advertisement of a beautiful lake view villa with all luxurious amenities and wish to own it; the price also looks ideal. As you feel it is the right abode for you and your family, the next step would be to approach a bank for a home loan. However, there are certain documents that are […]

CommonFloor Editorial Team

Compare home loan rates in India before you apply for a home loan

Current Home Loan Rates in India

Buying a home has become easier due to home loans. Almost all banks provide a home loan facility at various interest rates and for various tenors. Before taking a home loan, compare home loan offers of various banks and select the best one which not only fulfills your needs but is cost-effective as well. Comparing […]

Pre-approved vs Pre-qualified Mortgage

Many of the mortgage professionals call a pre-qualification a pre-approval when this is not the case. When you visit a mortgage professional, they will either pre-qualify or pre-approve your mortgage application. These two terms have become interchangeable through the years and that is unfortunate for many borrowers. First time property buyers often get confused of […]

Choosing A Right Home Loan Lender

Home Loan plays vital role in fulfilling your dream for buying a property or investing in real estate sector. Various banks offer home loan with their own terms and conditions. The first factor most people consider is the interest rate and EMI, but that’s only the beginning. Many banks may be having some fine print […]

Choose Right Repayment Plans for Home Loan

Choosing right home loan is not just negotiating for lower interest rate, negotiating on processing fee or pre-payment fee. Every borrower should go beyond this basic check list and find out if any of the different flexible repayment options would suit his needs. Remember, even a single default could deface your credit report and disqualify […]

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