In India, self-employment makes home ownership difficult unlike what most employees think. This post is meant to show how self-employed people can qualify for loans in India. The explanation will include eligibility criteria and why tax deduction on loans is…
Introduction Buying a home is one of the biggest financial decisions most people will ever make. And with the rising cost of housing, getting a mortgage is often essential. But when it comes to getting a mortgage, there are two…
Home equity is a valuable financial asset that often lies dormant within the walls of your home. It represents the difference between your property’s current market value and the amount you owe on your mortgage. In India, homeowners have two…
Introduction Marriage, divorce, or widowhood – life’s twists and turns can impact more than just your emotional state. They can have an important financial bearing, especially on your mortgage in India. Lenders consider your marital status a crucial factor when…
It can be hard to secure a mortgage in India especially when the procedure is not known to you. In India, besides interest rates and loan terms, there are several other hidden charges that you might not be aware of.…
Buying a home is one of the most significant financial decisions most people make in their lifetimes. Along with choosing the right property, securing the best mortgage type is crucial. The two primary options available to homebuyers are fixed-rate and…
Understanding Home Equity Loans A home equity loan, often known as a “loan against property“, allows you to borrow against the equity in your property. Equity is the difference between the value of your home and the amount you owe…
Deciphering Loans Against Property A loan against property (LAP) is a type of secured loan where one’s property is used as collateral. This type of loan is often used for business expansion, children’s education, medical emergencies, or any other significant…
Understanding Loan Against Property A loan against property (LAP) is a type of secured loan where the borrower’s property serves as a collateral. The loan amount typically depends on the market value of the property. How a Loan Against Property…
What is a Loan Against Property? A loan against property (LAP) is a type of secured loan where the borrower’s property is used as collateral. This loan type is popular due to its lower interest rates and flexibility in usage.…
