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Tag Archives: Home Loans

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  2. Entries tagged with "Home Loans"

Difference between a home loan and a land loan

Difference Between Home Loan and a Land Loan?

Loan AdvisoryBy Devesh SinghMay 31, 2021Leave a comment

Everyone needs a house to dwell in, some people choose to buy a new apartment in residential societies of a prime area for modern living & some people choose to buy a piece of land to construct their own house. For both purposes, you need the money and you can get that from financial institutions.…

Key legal checklist for buying a property

Key Legal Checklist for Buying a Property

Loan AdvisoryBy Devesh SinghMay 29, 2021Leave a comment

Investments of property are extremely capital intensive, and any errors made during the transaction will cause the buyer a great deal of trouble. If you are looking to buying a property, be prepared to do all the crucial paperwork because the procedure includes presenting, submitting documentation, and checking multiple records necessary to complete the property…

How to Pay Home Loan EMIs If You Loss Job Due to the COVID-19 Pandemic

How to Pay Home Loan EMIs If You Loss Job Due to the COVID-19 Pandemic?

Loan AdvisoryBy Devesh SinghMay 28, 2021Leave a comment

We mentioned below are steps a home buyer can take, if his income sources have been impacted because of this crisis. As we all know that the second wave of the Coronavirus pandemic assumes massive proportions. Those who are servicing long tenure loans like home loans have additional reasons to worry, apart from staying safe…

Know About Fixed Home Loan Interest Rate

Know About Fixed Home Loan Interest Rate

Loan AdvisoryBy Devesh SinghMay 27, 2021Leave a comment

After finding the perfect house for oneself, one needs to consider how he/ she is going to make payment for it. Buying a house needs a huge amount of money, in India a person can pay such amount if they have been saving it for years or after they retired from money collected with employment…

Home Financing Options for NRI Buyers

Home Financing Options for NRI Buyers

Loan AdvisoryBy Devesh SinghMay 27, 2021Leave a comment

Recent government and regulatory acts such as Real Estate Regulatory Act (RERA) 2016 and Goods and Services Tax (GST) have introduced the much-needed clarity and efficiency into the framework that has earned the NRI community‘s confidence. Investing in a real estate has been much less difficult than it was before. With the developers’ reputation and…

How To Get The Best Home Loan Deal Right Now

How To Get The Best Home Loan Deal Right Now?

Loan AdvisoryBy Devesh SinghMay 27, 2021Leave a comment

As we all know that right now is the best time to purchase a house, as the whole world has been hit by an outbreak of Coronavirus and in the unavailability of vaccine yet, every person has realized the value of having your own home. Besides that, the economic conditions are also very favorable as…

Home Loan Tax Benefits If You Own Multiple Homes

Home Loan Tax Benefits If You Own Multiple Homes

Loan AdvisoryBy Devesh SinghMay 27, 2021Leave a comment

As we all know that many people migrate from their hometowns to different locations in search of employment and other facilities, and for their residential purpose they can buy another house. Besides that, many people nowadays are purchasing apartments for their parents or children, to provide them a comfortable life. Some people also buy another…

Home loan Interest Rates and EMI, December 2020

Home loan Interest Rates and EMI, December 2020

Loan AdvisoryBy Devesh SinghMay 24, 2021Leave a comment

Purchasing a home is a big financial decision & not everyone is able to generate their own money to buy a property. Most of the people rely on financial institutions to provide home loans. It is the most common way of getting finance for getting property. The RBI has reduced the repo rate to increase…

What to Expect When Banks Process Home Loan Application

What to Expect When Banks Process Home Loan Application?

Loan AdvisoryBy Devesh SinghMay 24, 2021Leave a comment

Buying a home requires a huge amount and for a layman, it is not possible to invest such an amount all by itself, which is why most homebuyers seek the help of financial institutions to avail a home loan. Prior to banking digitalization, The way of acquiring home loans in India includes various procedures that…

Revised RBI Guidelines for Housing Finance Companies

Revised RBI Guidelines for Housing Finance Companies

Loan AdvisoryBy Devesh SinghMay 24, 2021Leave a comment

As you know that our country is facing liquidity issues and the COVID-19 outbreak has not done any good to it especially the real estate sector. The government has been taking various measures to increase the liquidity inflow in the country. For the same, The Reserve Bank of India (RBI) made amendments to the administrative…

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