Is It Good To Buy a Home Without a Loan?
Overview Welcome to our blog! Today, we’re exploring the age-old question of whether it’s better to buy a home with or without a loan. Ah, the great homeownership debate. It’s like choosing between vanilla and chocolate ice cream – both options have their own merits and drawbacks. For many people, taking out a home loan […]
Low CIBIL Score and Need a Home Loan? Tips to Get a Home Loan with Low CIBIL Score
How to Get a Loan with a Low CIBIL Score? Having a low CIBIL score can be a significant obstacle when it comes to getting approval for a home loan in India. Lenders consider the creditworthiness of the applicant, which is represented by their CIBIL score, as one of the most crucial factors in assessing […]
What are Repo Rate and Its Effects on Home Loans?
Overview The Repo Rate for Home Loans refers to the interest rate at which banks borrow funds from the central bank, usually the Reserve Bank of India, to maintain their liquidity. When the repo rate is high, it becomes difficult and expensive for banks to borrow money from the central bank. As a result, they […]
Ideal Home Loan Tenure–10/20/30 years – Aspects and Things to Know
Overview When it comes to taking out a home loan, one of the most important decisions you’ll have to make is choosing the ideal Home Loan Tenure. This refers to the length of time that you’ll take to repay your mortgage in full and typically ranges from 10-30 years. The duration you choose will have […]
15 Home Loan Terms You Must Know Before Applying for a Home Loan
The jargon of the various loan terms used by home loan sellers sometimes becomes confusing. Here is a list of 15 questions you may encounter during the home loan process that you must know before applying for a home loan. These terms are placed in a simple, easy-to-understand language from a layman’s perspective. What Is […]
New Year Resolution 2024 That Can Help You to Buy a House
Are you thinking of buying a house this year? We have put together New Year Resolution 2021 that can help you keep your financial resume in top shape. Avoid Job Hopping Employment history and income are the 2 biggest factors that lenders look at when assessing mortgages. A new job could be a good career, […]
How NRIs Expats Can Apply for Home Loans in India
The real estate market of India has been a success of Non-Resident Indian (NRIs) investments. The number of foreigners to send their money to the real estate market of India has now arrived. In addition, some business-friendly insurance companies currently employed honorable prime minister Narendra Modi led central government officials have raised confidence among investors. […]