5 things to know before going to a lender for a home loan

Home loan interest rates are at a multi-year low and even the real estate prices of residential properties have remained largely stagnant over the last few years. For those looking to buy a home of their own, the current opportunity may well be utilized to one’s full advantage. The low-interest-rate the environment is also conducive to investors who want to invest in a real estate property through a mix of own funds and loan and many investors are already buying properties through financing across major cities in the country. But, either you are taking a home loan as an end-user or as an investor, here are some essential things to know before approaching a lender. You can approach a bank offering home loan or any non-banking finance company (NBFC) offering home loans.
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