Home loans are a type of secured loan. These loans are secured by the residential property that the borrower bought with the loan money. The home loan lender keeps the property papers with them until the borrower has repaid their loan in full. Once the home loan borrower has entirely repaid the principal amount along with interest, the lender removes the lien of hypothecation from … Continue reading Demystifying the Home Loan Process: A Step-by-Step Guide to Secure Your Dream Home

These days, most homebuyers avail of a home loan to fund the purchase of their home. Even those who can afford the upfront cost prefer to take the home loan route, simply because housing loans allow borrowers to keep their savings safe for a rainy day and pay for their home in a convenient manner. Further, home loans are the cheapest of all loans — … Continue reading Step-by-Step Guide to Apply for Housing Loan in India