What Homebuyers want from Budget 2023?
Finance Minister Nirmala Sitharaman is set to present her fourth straight Union Budget on February 1, 2023. The Finance Minister will present financial statements and tax proposals for the fiscal year 2022-23 (April 2023 to March 2024). Will the Union Budget favour homebuyers? Is it the right time to enter the property market? Taking cognisance of the developing […]
Joint Home Loan Pros and Cons
The cost of buying your first house is considerable. Before you can apply for a mortgage, you need money for a down payment. A shared home loan is typically considered when a person lacks the necessary cash or is unable to satisfy the lender’s eligibility requirements on their own. By taking out a house loan […]
Top 5 Home Renovation Loans this Diwali with Low Interest Rates
Purchasing a residential property does not always imply purchasing a plot, a recently built apartment, or an under-construction property. You frequently choose an already built home that requires repair since such property is frequently available at a low cost. Home Renovation Loan Every residential property suffers from normal wear and tear due to weather and […]
What should you choose for a lender: Housing Finance Companies?
Bank Home Loans with floating rates must now be tied to an external benchmark, such as the repo rate, under Reserve Bank of India (RBI) instructions that took effect in October 2019. Making ensuring that rate-cut advantages were passed through to borrowers was the goal of the new loan system. That is to say, if […]
Co-Signer vs. Co-Applicant in Home Loan
Co-Signer of a Home Loan Co-signers usually come into the picture in a home loan if the primary borrower does not meet the eligibility criteria for a home loan because of a low credit rating. A high credit rating not only increases eligibility for a home loan, it also attracts lower interest rates as well […]