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We are often confused as when to buy a new property and whether to buy it upfront or take out home loan. This blog provides an insight on what is the correct age to apply for a home loan.
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 …
Yes, it is possible. Housing loans for senior citizens is possible. A retired senior citizen above the age of 60 years, drawing a monthly pension can definitely apply for a home loan. Age is just a number and as such getting a mortgage on a pension income is possible anytime provided the seniors have money to make …
Are you planning for a new house purchase? Are you stuck in between fulfilling your most expensive dream of buying a house? Are you bewildered, which mortgage lender to approach? Here are the 3 most popular home loan schemes from the top lenders you must look into. Purchasing a home with owned money is not …
Are you in need of funds for medical emergencies? Do you require money for your children’s education? Getting married! Want a loan for your marriage expenses? What??? The personal loan rates are high and you are already paying an home loan EMI? Then Do not worry, your home loan will come to your rescue. Read …
Mr. Gopal is a proprietor of a small company, which is a new start – up. Gopal is planning to purchase a new residential apartment for his family. Gopal ran pillar to post, made multiple loan enquiries with the home loan lenders for his housing loan requirement. He also applied with the lenders (Bank/NBFC/HFC) but faced rejections. …
Owning a dream house of your own is an aspiring desire of all. But at the same time craving for a bigger house is what every individual is pining for. For many it is an investment of their life long hard earned money and hence they move heaven and earth to make their dream come …
Since home loan is a long-term financial commitment, the choice of selecting the best suitable home loan is the most crucial decision, which if taken correctly can save money in both short term as well as in long term. But there are these few common mistakes usually committed when it comes to availing a home …
Obtaining a NOC is a most important foreclosure procedure which is as important as availing a housing loan. Many borrowers sit back after paying their last home loan EMI unaware of the fact that the home loan is not yet closed unless it is legally documented by the lender. NOC is this legal document which …
The term NOC letter is well known to all home loan borrowers who have availed the home loan from the lender Banks/NBFCs/HFCs. Undoubtedly, they must also be well-versed with the fact- what NOC stands for and its significance in home loan. Irrespective of the NOC certificate’s significant role in the home loan, we find very …