Two terms often surface when talking about securing loans: mortgage and collateral. While both terms are frequently associated with loans, they serve different purposes. A mortgage is a loan secured specifically by real estate, whereas collateral refers to any asset pledged to secure a loan. Understanding the distinction between these…
In 2024, India's housing market reached a 12-year high, with sales increasing by 7% to over 3.5 lakh units across eight major cities. This surge was driven by increasing demand for premium homes, particularly in the ₹2-5 crore segment, which saw an 85% annual growth. Despite these developments, home loan…
You've found your dream home. But before you can settle in, there's one crucial step: securing a home loan. And that means gathering specific documents required for a housing loan. Homeownership is a dream for many, but the path to realising that dream can be cluttered with paperwork. The list…
Your home loan is a significant financial commitment, and you deserve to have control over it. While interest rates are undoubtedly important, they're not the only factor to consider when choosing a home loan lender. Many other factors, from processing fees to customer service, can significantly impact your borrowing experience.…
When financing life’s major goals like buying a home, comparing a home loan vs a gold loan can help you find the best option. Each provides a secure way to fund your needs but serves different purposes. A home loan is designed for long-term investments, offering higher loan amounts and…
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