Buying a home of your own is the ultimate dream of everyone. Most of the people prefer going for buying an under construction property due to various reasons like ability to pay the down payment at one go. There are many who do not want to take the risk of default by the builder in […]

Any property which one buys can be bought in your single name or can be bought jointly with other persons. There are no restriction as to the number of persons who can become joint owner of a property to be purchased. The person with whom buy can buy property jointly can be your relatives or […]

With so many housing finance companies and bank competing with each other for the home loan pie, the home loan borrower is a pampered lot and is confused as to whom to approach to borrow money for buying the house. There are many factors which one needs to consider before one ticks on specific lender. […]

Any lender while granting any loan is interested in getting the money advanced back. While granting home loans, banks and housing finance companies evaluate your ability to repay the home loan on the basis of the income presently generated by you and the period for which the income will continue to flow. Generally banks grant […]

With home loan becoming very important part of the process of buying a house, one should know what are the important factors in determining whether you will get a home loan or not. This also helps you in finding out the overall amount of home loan you will get. The age and regular flow of […]

With the people buying their home even before getting married becoming a trend it is inevitable for you to take a home loan as the likelihood of you accumulated savings be sufficient enough to pay for the house is almost impossible. The amount of home loan which you are eligible is dependent on two factors. […]

With banks and Housing Finance Companies (HFC) both providing home loans borrowers are sometimes confused as to whom they should take the home loan from. Let us discuss the peculiarities of both. Basis of interest rate charged and movement All the housing finance companies are regulated by National Housing Bank (NHB) whereas banks are regulated […]

While giving home loans the lenders want to ensure that the home loan being given is serviced back.  Primarily the banks and housing finance companies use the credit score and credit history to determine whether you should be given home loan or not.  However in order to determine how much home loan can be given […]