What is 5 C’s Credit ?
What is the 5 C’s Credit? The 5 C’s of credit are vital factors that are used to determine the worthiness of potential borrowers. This system is used by lenders also to determine the terms and rates of a loan. This system is very useful in the determination of things like the risk of a […]
How do I decide which lender to use?
How do I decide which lender to use? There are many banks and financing companies in the market and deciding the best lender for your needs might be a bit confusing for many borrowers. There are many mortgage brokers in the market who can aid you in getting a good mortgage loan. If you are […]
How much money should I save before buying a house ?
How much money should I save before buying a house? There are many questions that come up inside the mind of a person before buying a house. These doubts are the maximum in the case of first-time buyers. The most common of these doubts are about the sum of money a buyer should save before […]
What is the most important factor when selecting a home loan?
What is the most important factor when selecting a home loan? Home loan is a very effective method of increasing your ability to invest in a home and it has many benefits but a borrower has some doubts before applying for a home loan. From buying a house to construction or renovation, There are many […]
Are microfinance loans effective ?
Are microfinance loans effective? Microfinance loans are a good source of investment for people with lesser needs. It is a very helpful loan for small businesses, It provides them with the funds they need for setting up or expanding the business. Getting a microloan is simple and the approval takes very less time. The interest […]
How many people can be co-applicant for mortgage ?
How many people can be co-applicants for mortgage? A mortgage loan is one of the most commonly used loan methods. A home loan is very helpful for a home buyer. It increases your ability to invest in a property and you can also increase your credit score with the help of a loan. Banks allow […]
What do You Need to Apply For a First Time Mortgage?
What do You Need to Apply For a First Time Mortgage? If you are in need of funds for buying a new home or any other similar project then a mortgage loan will be really helpful for you. A home loan is very helpful for a first-time homebuyer and also an experienced buyer. It substantially […]
Loan Restructuring Vs Loan Refinancing
Loan Restructuring Vs Loan Refinancing Loan/Debt Restructuring and Loan/Debt Refinancing are two different processes but are used in a quite similar situation and both have their complications and affect on the credit score. Let’s have a look at both of these methods. Loan Restructuring Vs Loan Refinancing Loan Restructuring : Debt restructuring is the process […]
What are the benefits of loan?
What are the benefits of a loan? Loans are an important accessory for getting extra funds for a specific purpose. There are many types of loans and every type serves a different purpose. Home loan is one the most commonly used loan, especially in the real estate industry. It is very helpful for the buyers […]
How do loans benefit a business?
How do loans benefit a business? In a business, You always need funds to keep the business moving smoothly and also for the growth of a business. A loan benefits a business in many ways irrespective of the nature of the business. The availability of funds helps businesses in expansion, maintenance of cash flow, hiring […]
