There is a huge misconception amongst the people that the home loans are not for the self-employed people. The misconception arises because of the criterion of income stability, but if you see the recent data published by various institutes and media houses, the percentage of self-employed in home loans is on the rise. Moreover, the .
If you want to buy a property and are planning to take a loan for it, then taking a home loan is the best option. But however, each loan has its own pros and cons and hence you carefully need to analyze the risks involved before applying for the loan. It may seem that all .
Buying a house needs you take many decisions which can affect your life for years or even decades. Today, getting a home loan is easy but choosing the best options is a difficult task. Moreover, choosing a fixed interest rate over a floating interest rate is a very tough choice as you apply for a .
Everyone in this world wants to live in their dream home. But, not everyone can afford one right away. With real estate prices shooting off the roof, more and more people are opting for home loans. However, getting a home loan is not as easy as it sounds. There is a lot of paperwork that .
Change is the only thing that is constant in this world. Technology too is changing. It is evolving at a rapid pace. As a result, it has helped shape a lot of industries in modern times. And, this also includes the banking industry. You might have noticed that financial services that people use every day .
Purchasing your first home loan does have its fair share of advantages, I’m talking about all the tax benefits, most of which you’re unaware of! These deductions are a blessing as they reduce your tax outgo and also help in managing your cash flow better. Computing the tax benefits of a home loan on a .
If you are a woman residing in India and are planning to buy a residential property then you know there are several reasons to cheer. It’s widely known that women enjoy certain privileges and benefits when it comes to availing loans and even more so in home loans. They rate of interest for them is .
A home loan is a huge responsibility. For a middle income individual, it eats away more than half of his monthly salary. Our parents had a home loan and we saw them struggle through it and the same situation is going to repeat with us, if we don’t budget the whole affair. If an individual .