Top 10 Home Loan Tips
A home brings in a new lifestyle and new beginnings. For every Indian, home is an emotion that they can never do without. It is not only a feeling, but a sense of security and brings in social status. However, it is never easy to get home due to the large investment it needs. A home is not a quick buy as it takes a major portion of your income. Today, individuals are looking for their own homes because of the availability of a home loan. A home loan has turned dreams into reality. However, home loan is a huge burden, as it is a costly and long-term commitment. It takes up a good share of your monthly income, and hence, it needs a lot of planning. So, before you dig in and fill up the application, you should go through these tips that can help – Start saving money for the down payment. A home loan may sponsor 80-90% of your property amount, but you need to arrange the down payment. The down payment will not be a small amount, so if ...