List of Home Loan Articles

To know the depths of Repo Rate, it is essential to know what is repo rate. The repo rate, also called the "repurchase rate," holds significant importance as a benchmark interest rate employed by central banks to provide short-term loans to commercial banks, usually overnight.

At times, borrowers may want to convert their home loan interest terms from a fixed to a floating rate or vice versa. Although a borrower may switch their interest rate terms as many times as they wish, there is a fee levied each time.

At its core, an equitable mortgage falls along the lines of a legal agreement that leverages your property's equitable interest as collateral for a loan. Unlike the more traditional form of mortgage, where the legal title of the property is transferred to the lender until the debt is repaid, an equitable mortgage retains the title with the borrower.

A home loan sanction letter is issued by a bank or financial institution to an applicant who has applied for the loan. The letter is a proof that the applicant is eligible to avail a certain amount of home loan from its lender (bank or financial institution) subject to the fulfillment of certain terms and conditions as mentioned by the lender.

Buying a home is an important lifetime decision. It not only impacts your family's sense of security but also impacts your long term financial goals. After all, nobody buys apartments cash down. While you do put in a small margin, nearly 80-85% of the cost of the apartment is financed with home loan.

what is a reverse mortgage loan, how reverse mortgage loan works, eligibility criteria and key benefits and limitations, and if it pays to have a Reverse Mortgage Loan.

A home loan is a secured loan that is acquired for the purpose of buying a property by pledging the asset as security.

Taking a House is once in a life time decision for many of us with the spiraling prices of the property and the high interest rate regime in the market.

While numerous factors contribute to the hike in real estate prices, there is one significant factor, known as “ready reckoner rate” that has a bigger part in deciding the movement of real estate prices.

Banks and non-banking finance companies provide home loans at fixed or floating interest rates. One should understand the initial contrasts between these two loan kinds. However, to do this, one should compare fixed vs floating interest rate and consider them both.