Home Loan Service

Home is a place where you can relax after a daylong tiring schedule, a place where you can spend fruitful time and beautiful moments with your family and which you proudly call as your “Own House” and it is a life-time decision for you. It requires a huge family discussions and conclusions, lots of Research and Planning about exact requirement of yours and your family members and finally a huge requirement of fund.
A Home loan is a Secured Loan offered by Banks and Financial Institutions against the security of the Property Home which is funded by the lender. In other words the lender has the conditional ownership over the property and if the borrowers fails to pay back the loan EMI’s, lender can retrieve the lent money by selling the property. You can contact to a Home loan agency they can provide you home loans with lowest interest rates.
Types of Home Loan with Lowest Interest Rates
There are different types of home loans available in the market to cater borrower’s different needs.
Home Purchase Loan: The Purpose of this type of Home Loan is to Purchase a New House and it is the basic type of a home loan offered by any Banks Financial Institutions.
Home Extension Loan: When you want to extend of expand your existing home like addition of extra room floor etc., this type of home loan is required
Home Improvement Loan: For the renovation or repair of your existing home.
Bridge Loan: Bridge Loan is a short term loan to satisfy your financial needs for the interim period between purchasing a new house and sell the existing house.
Home Construction Loan: This type of loan taken when you want to construct a new home.