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NRI Home Loans Basics and Process

NRI Housing Loans is a product which is best suited for Non Residents who desire a home own in their home town. It is a product which offers NRIs the option to purchase a New or Resale property or to build a house in the plot which they own or to buy a plot and [...]

10 September 2011 at 10:46 - Comments

Fixed VS Floating Interest Rate Home Loan

There are two interest payment options you can choose from when applying for a home loan – fixed rate and floating rate. A fixed rate is where the rate of interest is fixed throughout the tenure of the loan. Generally, most banks keep the rates fixed for a maximum of 5 years. A floating rate [...]

9 September 2011 at 10:33 - Comments

How To Select Your Home Loan Bank

The experience of a customer with a home loan provider is a very vital component of the day-to-day dealings, as this is a long-term loan where there will be lots of occasions when the two parties will have to interact. The loan provider should have a good service track record as this will help customers [...]

8 September 2011 at 06:46 - Comments

Before Buying Immovable Property

Buying immovable property in India is fraught with difficulties due to a combination of factors. Residents/ Non-Resident Indians are further handicapped by distance and their inability to visit sites for this purpose. Meticulous planning at the investment stage could avoid hassles and sleepless nights later on. Though the list provided below is not exhaustive, some [...]

7 September 2011 at 05:20 - Comments

Home Loans after Bankruptcy

Attaining homeownership can be extremely gratifying. If you have a good credit rating, obtaining this goal can be trouble-free. However, if you have a few credit blemishes or filed a recent bankruptcy, you may have to delay homeownership until your credit situation improves. Several lenders specialize in bad credit mortgages, and offer loans to people [...]

6 September 2011 at 13:52 - Comments

Home Loan

Buying a home may seem complicated; however, if you process it systematically, you may soon be holding the keys to your new home!!! The first step towards your loan is choosing the best housing finance company that can guide you through the entire procedure. Given below are tips to choose the best home loan lender: [...]

23 August 2011 at 07:51 - Comments

Will home loan interest rates come down?

The heat of increasing Home Loan Interest rates has been felt by most borrowers in the recent past. Moreover, the stringent monetary rules by the Reserve Bank of India left many borrowers with an augmented financial burden of as much as 25%. The increase in interest rates by the RBI was part of its strategy [...]

22 August 2011 at 11:31 - Comments

Home Loan

The past few years have witnessed a paradigm shift in the scenario for home loan seekers; nevertheless, consumers have been fortunate as property prices were steady and the interest rates at historic lows. Undoubtedly, the picture has much changed now. Real estate in India is experiencing a boom, with property prices soaring higher. Moreover, there [...]

12 August 2011 at 06:38 - Comments

Choosing The Right Home Loan

If you are planning to buy a home, you should be familiar with home loans processes, troubleshooting and how to choose the right home loan for the house that falls within your budget. There are various types of home loans offered by different financial institutions. You need to figure out which type of home loan [...]

11 August 2011 at 08:40 - Comments

Home Loan

The home buying process may seem complicated; however, if you take things one step at a time, and are able to discern the home loan most appropriate to your requirements, you could soon be holding the keys to your new home! Steps for buying a home Establish how much you can afford; this depends on [...]

10 August 2011 at 07:23 - Comments