Housing Loans are probably the single biggest debt that an individual takes during his or her lifetime. This makes it imperative for the home loan seeker to fully understand the specific loan type that he/she is taking.
So do read the home loan queries that I have already ansewered (to see if it answers your doubts) or read some of the articles I have seletced for your home loan journey.
- We have seen a lot of instances where consumers are looking at properties which cannot be funded adequately by the banks. One needs to understand that banks operate under certain boundaries while lending. We can still help you get the most out of your home loan application. Read How do I increase my Housing Loan Eligibility?
- The Home loan probably has the longest process in terms of the steps and time taken from the application to final disbursal. We are here to help you at all stages of this journey. Read about How do I progress on my Home Loan Journey?
- I have seen a lot of cases on Home Loans where customers were not aware of some clauses like prepayment charges etc. These typically lead to a lot of heartburn and frustration in the future. Why should I read the Home Loan agreement so carefully?
Dear Sir, I have an existing
Dear Sir,
I have an existing Housing Loan with with INGVYASA bank with an interest rate of 11%. Earlier it was around 13.50%. It is more expensive compared to any other bank.
Therefore I am looking at transferring my loan from Existing ING to other bank.
Kindly request you to help me out in choosing the right bank for the same or your suggestion on carrying it forward with the same bank.
pls help.
Regards,
Praveen