How to Protect Yourself from Predatory Lenders ?
How to Protect Yourself from Predatory Lenders? Loans are very helpful for the growth of any person or business. Before the digital methods, There were lenders who provided loans with a very high-interest rate, and high late fees, and their methods were very unethical. The introduction of digital methods reduced the number of such lenders […]
Relation between loan amount and tax deduction
Relation between loan amount and tax deduction Housing loans are helpful in many ways. They help in improving the credit score, providing funds to invest more, growth of the borrower, and tax benefits. A home buyer can get many benefits from a home loan, From the increased investing ability to tax deductions as per section […]
How do I determine the amount I can afford to borrow for a home loan?
How do I determine the amount I can afford to borrow for a home loan? Home loans are very helpful for a home buyer. It increases the investment ability of the home buyer. Loans are an accessory that affects the investments made by a person. In the real estate industry, Most properties are purchased with […]
What is home loan refinancing and when is it a good idea to consider refinancing?
What is home loan refinancing and when is it a good idea to consider refinancing? Home loan refinance is a process in which the home loan balance is transferred from one lender to another. This is useful in getting lenders with lower interest rates and better schemes. It saves the money spent on the higher […]
What is the process for applying for a home loan, and how long will it take to get approved?
What is the process for applying for a home loan, and how long will it take to get approved? A home loan is a very important accessory in getting your dream house. People usually get overwhelmed by thinking about the home loan process but the truth is that the home loan process is quite […]
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 […]
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 […]
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 […]
What Happens If You Fail to File ITR on Time?
Quick Read: What Happens If You Fail to File ITR on Time? When your annual income crosses a certain amount, Some tax is charged upon the income. The income tax return is filed to pay the taxes. You should file ITR on time or else you will have to face penalty or even punishment depending […]
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 […]
