A home loan is a secured loan provided by banks and financial institutions to individuals for the purpose of buying or constructing a residential property. The loan amount, interest rate, and repayment tenure are determined by various factors such as the borrower's income, credit history, and the property's value.
Read moreReplied by Sajjan Ghosh On 14/8/2023
Choosing the best bank for a house loan is an important choice that may greatly influence the borrower's financial situation. Many banks and financial organisations offer home loans. Therefore, i...
Read moreReplied by Kaushik Mangal On 14/8/2023
A 100 percent loan, also known as a zero down payment loan, is a loan where the lender pays the entire purchase price of a property without requiring upfront fund...
Read moreReplied by Dharma Khurana On 8/8/2023
Rejection of a house loan can be upsetting, especially if the applicant has already given the dealer the token sum as a promise to buy the property. Uncertainty and worrie...
Read moreReplied by Anindita Kapoor On 8/8/2023
Home loans are financial instruments that let borrowers borrow money from a lender to buy or build a home. Borrowers must comprehend the many house loan possibilities and pick th...
Read moreReplied by Shashank Jain On 25/7/2023
A CC (Cash Credit) Limit against property is a financial arrangement that allows Indian borrowers to obtain credit by pledging their property as collateral. Banks and financial institutions provide ...
Read moreReplied by Prasoon Saxena On 25/7/2023
A key factor in determining the taxable income from a property for income tax purposes is its Net Annual Value (NAV). It indicates the anticipated yearly rental income for th...
Read moreReplied by Induja Burman On 5/7/2023
Home loan insurance is a type of insurance that protects the borrower family or dependents in the event of the borrower death or disability. It ensures that the outstanding hom...
Replied by Janesh Apte On 5/7/2023
To qualify for a home loan as a self-employed individual, you must provide sufficient evidence of your income and financial stability to the lender. Maintaining a good credit score, providin...
Replied by Ojayit Balakrishna On 5/7/2023
To check your CIBIL score for a home loan in India, go to the CIBIL website and sign up for an account. Then, to verify your identity, you must provid...
Replied by Kshitija Deshpande On 3/7/2023
Yes, a CAN FIN home loan statement can be obtained in India by logging into your account on the CAN FIN website. Then, under Loan Account, select View/Download Statement. Yo...