Moving into the house of your dreams is indeed a big step. Having a house of your own actually signifies a milestone in your financial life. Sometimes, to reach that milestone, you need to work a little hard. Life doesn’t always turn out the way we plan it. Thankfully, to make your dreams come true, we have some of the best Home Loan offers for you to choose from. One such amazing loan is the SBI Freedom Home Loan.
Additional Reading: 12 Amazing Tips To Save Money When Moving Into Your Dream House
Here’s all you need to know about it:
What Is SBI Freedom Home Loan?
SBI Freedom Home Loan is for people who do not wish to mortgage the property yet get a housing loan. Not everyone is comfortable with mortgaging their property and SBI has, therefore, come up with this amazing scheme. Instead of having to mortgage their property, the customer has to pledge an equivalent financial security in lieu of the house/property. The same can also be done for the margin money. Thus giving you 100% funding.
Additional Reading: Applying For A Home Loan? Here’s How To Avoid Getting Rejected!
The Bad News
SBI Freedom Home Loan is no longer available. Aww… don’t be disheartened.
The Silver Lining
Although SBI Freedom Home Loan has been discontinued, there are a lot of other flexible Home Loan options you can choose from.