Category Archives: choosing a loan
How to Start Planning for Buying a House
Why do I need a House? Independence! What a sweet word. Admit it, you want to shift from your current cramped lifestyle to a spacious pad that at least gives you the choice to start yoga, have courtyard toilets, grow a terrace garden even. Hain na? Renters ahoy! Get your own pad and you can… Read More »
The Car of Your Dreams is Parked in Your Phone
Before you pry open your phone looking for the car, think back to when you were a kid and you promised yourself that one day you will have a car that’s your soulmate and it’s something that makes you feel like a kid again. Now that you are all grown up, it’s time to make… Read More »
What everybody ought to know about loan trends in India
Amit was quite apprehensive as he was planning to come back to India, after living in London for nearly ten years. While the decision of coming back to his roots was something exciting, he was worried about settling down after buying a new home in India. As a first step, Amit decided try out options… Read More »
Five home loan truths exposed!
Home loans have become a common financial tool today to live the dream of owning a property. If you do your research you will understand there is more to the larger picture than what meets the eye at first glance! Here are five home loan truths that you may not to be exposed to during… Read More »
Keep your credit history clean!
Blasted with advertisements for everything, ranging from an apartment, to a holiday to clothes, smart phones and other gadgets, how can anyone not be expected to be swayed? The purchasing power of individuals is increasing and so are the desire to own the best and the latest. Here’s a case of spending and beyond capacity.… Read More »
Understanding second mortgage loans!
Second mortgage loans or second mortgage financing, as the name suggests, means providing a loan against the security of a property which has already been mortgaged elsewhere. This means that the same property is being used for a second time to secure a new loan. For example, Mr. X wishes to purchase a property for… Read More »
How to increase your home loan eligibility!
While looking for the right home loan to buy a dream house one may come across a situation when the total amount that one is eligible for is insufficient. It is such situations that one needs to work out ways and means to increase the total eligible amount in order to be able to acquire… Read More »
RBI eases lending norms – Good news for home buyers!
In just a few days following the budget RBI has paved the path for increasing the liquidity for banks, enabling the possibility of a lot of positive steps in the real estate sector. Impact on home buyers RBI notified to consider the home loan up to Rs 50 Lac (i.e. a property value up to… Read More »
Product Review – Happy Ending Home Loan by Axis Bank
Most of us think of a Home Loan as plain and simple EMI based loans. But now, with the rising competition, various Banks and Financial Institutions have started offering assorted features and benefits along with their Home loan products. On one hand, a few lenders are offering different variants of Home Loan whereas on the… Read More »