Are you buying a new home? Need to apply for a home loan? Know all about different types of home loan schemes out there.
When it comes to applying for a home loan, top-up loan and loan against property are the most common loan options out there. When ...
Showing all posts tagged loan-against-property:
Know the value of CIBIL Score for Loan Against Property
The importance of CIBIL score increases when you are going to take a loan against property. The higher is the credit score the higher are the chances to get approval for loan at a low interest rate. If the credit score is 750 out of 900 then it is the ...
Quick Guide to Consolidating your Debt Using Loan Against Property
Are you facing the issues of paying a higher interest rate based loan EMIs? Is it eating a significant portion of your monthly income? If the answer is yes, then it is high time to save yourself from such a situation by opting for debt consolidation lo...
What is Bad about Reverse Mortgages?
No, reverse mortgages are not bad but it is not very successful in India. People in India have sentiments associated with their properties, especially their first home and they wouldn’t want to lose that at any cost. Plus, if old couples, people who ar...
What you need to know about loan against property
Loan against Property is a secured type of loan that is being acquired against a commercial or residential property as collateral. It is called a secured loan because it is availed against a guarantee of repayment using mortgage property as security. H...
Top Tips to Get the Best Interest Rates When Applying for Loan Against Property
For most individuals of the middle-class, one of the biggest avenues of investment is that of property. This is because not only does it provide a sense of security to the current generation but can also be of use in the future. However, it is this ver...
Most Feasible Way to Improve Credit Score
When falling short of money or want to improve your CIBIL score, seek financial support from different credit schemes available in India. Accordingly, taking a secured loan can be the best option.
Why secured loans?
Secured loans offer low-interest...
Should you choose a Small Tenure for the Loan Against Property?
If you are opting for a loan against property as a mode of finance, there are other features you need to consider other than the eligibility criteria. You have to consider the loan against property tenure before applying for it as it decides how long y...
How to obtain Bajaj Finserv Loan Against Property
If you have any major financial requirement for higher education, business plans or medical treatment, you can apply for the simple and easy Bajaj Finserv loan against property. This is one of the simplest loan procedures and thus, is quite easy to obt...
Major Drawbacks of Reverse Mortgages
A reverse mortgage is a scheme where senior citizens can relinquish equity on their home in exchange for a loan amount. It is not very popular in India due to the following reasons:
Attachment to Homes
In reverse mortgages, customers ha...
All About Mortgages
All About Mortgages Financing, is the basic guide to overview upon secured loan and issues on finance niche. The main purpose is to share the essentials about loans and insurance. Several categories of Loans, Interest Rates, Calculators, Eligibility Criteria are covered over here.