May 2021 – Loanfasttrack

How Big Must Be Your Down Payment On A Home Purchase

May 4, 2021 by admin

What is Down Payment? A down payment is your money contribution in purchasing a house. It is the percentage of the purchase price of the house which you do not finance. Also referred to as own contribution or OCR in the mortgage industry, down payment is your equity in the house without which the funding …

Difference Between Personal Loan & Loan Against Property

May 4, 2021 by admin

Many of us must have faced a direful situation for immediate requirement of funds at some point of time. Also you may have sought many options to meet the financial requirement of medical emergencies, children’s education, marriage expenses, home repairs and renovations, dream vacations, business expansions etc. But among the many options available there are …