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Home loan is a lifetime financial commitment for homebuyers and also at the same time it also involves huge risks for the Bank/ NBFC’s. This is the reason why Banks/ NBFC’s are very much concerned about extending home loan to people who are close to their retirement, regardless of their financial situation. People who are …
No financial institution is same, neither their working style nor their policies and so is their sanctioning criteria. Sanctioning criteria of a Banks/ NBFC varies from others but few key points are always considered while determining the sanction loan amount i.e. current income, credit score and your current liabilities. A credit score closer to 900 …
Funds can be an urgent need of anyone and one can need loans at any point of time in their life. This need can both be personal or professional. It has become quite easy to search for the lenders and our eligibility through internet. One can easily find their eligibility and credit score on the …
Home is a lifetime asset which I believe everyone wants to possess as early as possible in their life. After completing the studies, finding a dream job gives wings to fly more. If not backed up with lots of responsibilities, a person always has a dream of owning a house. The saving done in the …
When the buyer decides to buy a property, both seller and the buyer enter a contract that decides the final sales price and the down payment. The contract has nothing to do if the property fails in home appraisal or the inspection done later and reveals any problems in future. The contract proves the seller …
Borrowing a loan is little tricky for those with no financial knowledge. Those who go directly to the Bank/ NBFC to avail a loan face a number of challenges. These challenges can easily be solved by providing few details on the website of Mudra Homes . The borrower has to go through a various stages …
Buying a home is a life time decision and needs a strong financial commitment. When the borrower decides to buy the property and finalize the loan lender, the main problem they face is the loan amount. The loan amount given to the borrower is decided on pre decided terms and conditions. The documents, financials, income …
In India, owning a residential or a commercial property has its own advantage – a solid asset owner and an extra source of income by leasing the premises for rental income. Apart from monetary advantage of the property the owner is also benefited with the rent received from the premises. Many corporations and individuals earn …