Does CIBIL(credit) score affect my rate of interest?

Does CIBIL(credit) score affect my rate of interest? CIBIL or credit score directly affects loan interest rates. They are related to each other and a good CIBIL score is also very necessary when you are applying for a loan. It is proof of your performance in the past and affects the interest rates decided by […]
What should everyone know about home loans?

What should everyone know about home loans? What are home loans? Home loans or housing loans are an important accessory for people looking forward to purchasing a new home, constructing a new home, renovating, etc. It helps borrowers to get funds beyond their savings and makes them able to get the best home possible. There […]
What happens if you fail to repay your home loan?

What happens if you fail to repay your home loan? The home loan is usually a big amount for the borrower and the lender that’s why there are many cases in which the borrower has not been able to pay off the loan leading to the taking over of the property by the bank or […]
What are disadvantages of microloans ?

What are the disadvantages of microloans? What is microcredit? Microloans or microcredits are smaller than normal loans and are useful for small business owners or any other purpose. Microloans are easy to get and very helpful for people with lesser income who are ineligible to apply for normal bank loans. These loans provide funds in […]
What are the benefits of adding co-applicant in home loan?

What are the benefits of adding co-applicant in home loan? Getting a home loan is very easy nowadays and getting a co-applicant for a home loan makes it even more convenient and has many other benefits. You need to get the best out of a home loan, These funds are very essential and any increase […]
Who can get mortgage loans?

Who can get mortgage loans? The mortgage loan is one of the most commonly used loans and means loan against property. The concept of this loan is pretty simple, You have to offer something as collateral against the loan amount. Once you pay off the loan, You get complete ownership of that property back. It […]
What are the property documents required for the Home loan?

What are the property documents required for the Home loan? Buying a home is a complex process for many people and getting your desired home needs many things. There are many factors that are kept in mind while choosing the right home. The location is the most basic thing to check while looking for a […]
What Are Home Construction Loans?

What Are Home Construction Loans? You might be thinking, why would you construct your own home if there are already constructed houses available for sale? The experience you can get from constructing your own home is far different if you buy a house that is already built, hence if you have the time to wait […]
Home Loan Subsidy in India

Home Loan Subsidy in India It is a dream for almost everyone to own a home, but unfortunately, not everyone is capable of buying one. The good news is, you can get a home loan from different financial institutions, like agrimhfc, in the event that you cannot afford to buy a home upfront. The Government […]
What Is Home Renovation Loan?

What Is Home Renovation Loan? Renovating a home comes with many reasons and purposes, some of which are necessary while others are for the purpose of uplifting the appearance and also the value of a home. Getting a home renovation loan is the same as getting a home loan, only that the renovation loan does […]