Prepaying a home loan or a personal loan can be a bit tricky, especially when you aren’t cognizant of the formalities involved and the penalties for foreclosing. With that said, prepayments are a good option, since they are beneficial to the borrower in many ways like reduce the interest burden, improve credit score and so … Continue reading “The Definitive Guide to Foreclosing your Loans”
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It’s a common misconception that most 20-year-olds aren’t interested in planning for their future. People assume that a regular twenty-something person would be interested in buying an Xbox or the latest iPhone, rather than thinking about a home loan. Start Planning Early for a Secure Future However, it’s never too early to start thinking about … Continue reading “Taking a Home Loan in your 20s? Is it worth? Find out Now!”
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If there’s one dream that all Indian adults have unanimously, then it’s, “owning a place to call home.” Yes, everyone wishes to have that dream home. Yet, unless you have unlimited funds at your disposal, then it isn’t possible to finance your home, out of your pocket. Home loans are the best option to take … Continue reading “Simplify the Process of Home Buying with Pre-approved Home Loans”
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The Prime Minister, Narendra Modi in the New Year address to the nation announced the Pradhan Mantri Awas Yojana for people who fall in the middle-income class. Recently, the government has finalized the guidelines for the scheme, and the subsidy available as part of this programme is termed as “Credit-Linked Subsidy Scheme for Middle Income … Continue reading “How to Reduce Home Loan EMI with the PMAY?”
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The road to your dream house isn’t all that easy. Right from selecting the best location, to finding or constructing the home of your dreams to finding the home loans in the market, the process is lengthy and complicated. But, worry not! Here, in this guide, you can find an easy to follow, step-by-step procedure … Continue reading “Getting Started Guide for First-Time Home Loan Buyers in India”
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