Home loan

Get a 0% processing fee home loan now until August 31

SBI mortgage offer: Here is wonderful news for homebuyers during this pandemic time. The State Bank of India (SBI) on Saturday announced a special “Monsoon Dhamaka” offer to its customers in which buyers can receive loans with no processing fees until August 31. SBI already offers one of the lowest interest rates on its home […]

Home loan

Real estate loan | Does the bank require you to take out insurance before sanctioning a mortgage? know this

Does the bank require you to take out insurance before sanctioning a mortgage? Know it Highlights Home loan insurance can generally be used when obtaining the home loan Home loan insurance is like term insurance There is no insurance regulation that obliges loans with insurance New Delhi: Buying a house is a dream for many […]

Home loan

Unique Bitcoin Backed Home Loan Refinancing Agreement in California

One of Southern California’s largest independent escrow companies, Glen Oaks Escrow, has announced its first real estate refinance with a Bitcoin-backed loan. The company said it was the first time refinancing had been done using Bitcoin as collateral. In the July 28 announcement, he added that he had previously facilitated a number of real estate […]

Home loan

What you need to know before you co-apply for a home loan

The co-applicants can benefit separately from these tax advantages, given that they are also co-owners of the property in question. The post-pandemic boom in home buying sentiment is further fueled by grants under the PMAY program. The decision to buy a home today seems more prudent in light of competitive developers’ prices and favorable interest […]

Home loan

Nano Variable Home Loan – details and expert advice for December 2021

Main characteristics The Nano Variable Rate Home Loan is available to homeowners or investors looking to refinance existing loans between $ 100,000 and $ 2,500,000. Borrowers will need a loan-to-value ratio of 75% or less (so at least 25% equity), but if they do, they will be able to access competitive variable rates from: Besides […]

Home loan

[Explained] How To Take A Mortgage With A Woman As The Primary Borrower Is Beneficial For You

How to take out a mortgage with a woman as the primary borrower is beneficial for you. Women take larger home loans, according to a guide to refinancing home loans in 2021 by BankBazaar. In FY20, the average size of mortgage tickets taken by women was Rs 29.78 lakh. In FY 21 the number increased […]

Home loan

5 things to keep in mind before applying

Taking out a home loan is never an easy proposition as you get older. Living a comfortable life after retirement is a dream for many, and many want the same to be experienced in their own homes. Although mortgage rates are at their lowest, with some banks and lending institutions offering loans at nearly 6.90% […]

Home loan

Home loan: why partial prepayments are a good idea

You may also want to consider partially repaying your mortgage when its interest rate is higher than the return you could get on that amount if it was invested in instruments that meet your risk appetite and liquidity needs. A home loan is often the biggest financial commitment of our life. It’s always a good […]

Instant loan

Instant Loan App mPokket Appoints New Human Resources Director

Instant loan app, mPokket, which offers loans to students and young professionals, has appointed Sukhpreet Singh as the new head of human resources. Singh will be responsible for leading the HR team, in addition to developing and implementing HR strategies and initiatives aligned with the overall business strategy of the company. To achieve this goal, […]

Home loan

Opt for home loan refinancing when rates are low, long term

With mortgage rates near rock bottom, is now a good time to refinance your mortgage? Let’s take a look by first understanding what home loan refinancing is. Refinancing a mortgage consists of repaying an existing mortgage and replacing it with a new one. The new loan can be availed with the same lender or a […]

Home loan

Passed bill threatens mortgage foreclosures

Bill 2502-A, which amends RPAPL §1302, may well have had benign intentions, but the end result will likely make both the granting of residential mortgages and the foreclosure of such mortgages impossible. While this may sound like hyperbole, a close look at the changes will provide an explanation. Essentially, the new law imposes restraints and […]

Instant loan

An instant loan is money that you receive and can use immediately

If you’ve never been faced with an unexpected bill, you haven’t experienced it, you’re struggling since you can’t always pay your bills. When applying for a loan, there is a natural tendency to scrutinize the terms and conditions. For people who are in need of quick cash, instant loans online are definitely an advantage. Quickly […]

Home loan

What is LTV in a home loan and why is it important? – Advisor Forbes INDIA

The initial down payment for a home is one of the biggest concerns for a homebuyer. Even paying a small percentage of the property’s value can have a huge impact on your borrowing ability and the overall cost of the loan. The initial down payment plays a crucial role in qualifying for a home loan […]

Home loan

Banks urged to achieve home loan goal or face penalties – Journal

KARACHI: The State Bank of Pakistan (SBP) has decided to impose sanctions on banks if they fail to meet mandatory house count and disbursement targets, according to a circular issued Tuesday. “It has been decided that a penalty will be imposed on banks that do not meet the targets of their government’s Margin Subsidy Program […]

Home loan

Easiloan Launches India’s First Home Loan Selection and Recommendation Engine for Home Buyers Using AI-Powered App

Links in place with major banks and financial institutions such as HDFC, ICICI Bank, SBI, Bajaj Housing Finance, PNB, IIFL Home Finance and others “Easy instant correspondence” – Online functionality powered by AI technology reduces time and effort required to match client profile with optimal loan partner Easiloan.com offers a fully digital 24/7 process from […]

Home loan

How to Download SBI Home Loan Interest Certificate Online

The SBI home loan interest certificate shows a break in the repayment of the SBI home loan for one fiscal year. This is a crucial certificate that includes essential information such as borrower’s personal information, home loan account number, principal amount, interest amount, actual repayment, and payments due or expected. Recently, India’s main lender, State […]

Home loan

Home loan refinancing: when and how to refinance your home loan

Refinancing programs homeowners are eligible for could help them benefit from lower interest payments, smaller EMIs, and shorter loan terms, allowing them to get out of debt faster. Mortgage interest rates fell to historically low levels in 2021. In early September 2019, for example, the lowest mortgage rates were around 8.40%, and in July 2021, […]

Home loan

How to download the SBI mortgage interest certificate?

Steps to upload your mortgage certificate online via SBI online banking To download a mortgage loan interest certificate online, SBI is today notifying its clients via its Twitter account that “Do you want a copy of your mortgage loan interest certificate?” You can download the certificate easily using Online SBI or SBI Quick. services from […]

Home loan

SBI Home Loan Interest Certificate Online Download: Step-by-Step Guide

New Delhi: State Bank of India (SBI) clients can now get a copy of their mortgage interest certificate from home. SBI home loan borrowers can easily download the certificate using Online SBI or SBI Quick. They will no longer need to go to the SBI agency if they need a copy of the mortgage loan […]

Home loan

5 smart ways to increase your mortgage eligibility

Here are five smart ways to increase your eligibility and your chances of getting approved for a home loan. Lenders take several factors into consideration when assessing your mortgage application. The main ones are your income, income, age, remaining working age, LTV ratio, characteristics of your property, and existing loan repayment obligations. Failure to meet […]