What are the Types of Real Estate?
What are the Types of Real Estate? Real estate stands for a property which is in the form of land and buildings including the natural resources it offers. The real estate business is one of the oldest and most reliable forms of business. Real estate investments are safe and they guarantee an amazing return. Basically, […]
Tax Saving Mutual Funds
Tax Saving Mutual Funds There are many forms of investment in today’s market and if you are looking forward to investing in mutual funds then you should consider tax-saving mutual funds due to the tax benefits they offer. What are Tax Saving Mutual Funds? Tax saving mutual fund is a savings scheme similar to any […]
What is a Plot Loan?
What is a Plot Loan? So, what is a plot loan? Is it the same as a home loan? Actually, a plot loan is another type of housing loan wherein the borrower borrows money to buy land or a plot that is intended for constructing a home. The plot can be purchased from a private […]
How First-Time Homebuyers Benefit From Pradhan Mantri Awas Yojana (PMAY)
How First-Time Homebuyers Benefit From Pradhan Mantri Awas Yojana (PMAY) PMAY or Pradhan Awas Yojana is initiated by the Government of India, which aims to provide housing to the urban poor community. By March 31, 2022, they aimed to build 20 million (2 crores) affordable houses. This project has 2 components, the PMAY-U or Pradhan […]
Can You Add A Co-Applicant To Your Home Loan?
Can You Add A Co-Applicant To Your Home Loan? Getting a home loan is not as easy as you think it is. Some assume that because they are working, getting a loan is instant and assured. Unfortunately, it is not the case as banks and other financial institutions have their own requirements, and standards to […]
What Is the Home Loan Processing Fee?
What Is the Home Loan Processing Fee? Are you planning to buy a home? If so, you are making the right decision. Whether you are buying a property for business, for personal use, or for investment, it is a good decision to make. But of course, buying a home or any property so to speak […]
When To Get A Mortgage Loan?
When To Get A Mortgage Loan? It is everyone’s dream to own a home. Sure, this is an investment everyone hopes for and can be the most expensive. Once you own a home, whether it is big or small, it is an achievement and worthy for you to brag about. Your house is your pride […]
Will your home loan cover statutory expenses?
Will your home loan cover statutory expenses? Who does not want to live in a home they can call their own? Sure, owning a home is far better than renting or leasing. Mortgage loans allow people to own a home without paying a huge amount of money upfront. By getting a mortgage loan, you will […]
Does my CIBIL (credit) score affect my rate of interest?
Does my CIBIL (credit) score affect my rate of interest? Yes, the answer to this is a big “yes”. The better your credit score is, the better the chances of taking advantage of low-interest rates. In addition to that, the importance of an ideal credit score is not only in one spectrum but in multiple. […]
What is the term of the loan?
What is the term of the loan? A term of the loan refers to a loan that is given for a fixed duration of time and must be repaid in regular installments. These loans are usually extended for a longer duration, ranging from 1 year to 10 or 30 years. Term loans are mostly used […]
