Urban Money Blogs

Loan To Value (LTV) Ratio : Meaning, Importance and Calculation
June 21, 2022

Hey! Are you finally buying your dream house? Are you financing it with the help of a home loan? Then familiarize yourself with the various terminologies that you might come across. One common term, you might find yourself entangled in is the Loan-to-Value ratio or LTV ratio. It is an…

Category:Home Loan Archive
Highlights of RBI and MPC Meet June 2022
June 10, 2022

The six members of the Monetary Policy Committee (MPC) of the Reserve Bank of India mutually increased the base points of the repo rate. Repo rates are the key policy rate the central bank considers when short-term lending funds to banks. It increased by 50 base points, standing at 4.9%…

Category:Home Loan Archive
Home Loan Interest Rates Spiked After RBI's Repo Hike
May 12, 2022

The Reserve Bank of India regulates the home loan criteria, which are constantly changing owing to numerous economic circumstances. Read the blog to learn more about the RBI and how its latest home loan guidelines will affect borrowers. The Reserve Bank of India (RBI) is India's Central Bank, which was…

Category:Home Loan Archive
The Collateral World of Mortgaging Property
January 21, 2022

A mortgage is any immovable property that is given as a security or collateral against a loan for building a property. The party lending the money keeps this mortgage as collateral until the borrower returns the loaned amount in full along with interest. This kind of home loan is becoming…

Category:Home Loan Archive
How To Manage Your Home Loan Like A Pro
January 21, 2022

Home loans are an elite choice to finance your dream house and tranquil to access too. But managing a house loan can be tedious. Think nothing about it, as Square Yards has got you covered. We have enlisted easy-going steps which will assist you in effortlessly managing your home loans…

Category:Home Loan Archive
Ultimate Guide to Real Estate Scams and Tips To Avoid Them
January 20, 2022

The hindmost thing, an individual should agonize about is being swindled by real estate scammers. Real estate scams usually take place when you purchase or rent a house and consider refinancing your mortgage. Unfortunately, the scammers have become ingenious in targeting customers. If you are bewildered by the thought of…

Category:Home Loan Archive
Why Your Home Loan EMI is Still High
January 20, 2022

With fluctuating market trends and the latest RBI guidelines, the lenders have cut home loan rates. But do you still pay the same Home Loan EMI? In the wake of a high interest rate for home loan, there can be notable cognitions and you ought to be familiar to fix…

Category:Home Loan Archive
Pointers to Keep in Mind to Choose Personal Loan Tenure Wisely
January 13, 2022

Are you going through financial turmoil and need instant access to corpus funds to emerge from a financial crisis condition? Thinking of asking your relatives for a favour? Don’t! To meet the requirement, you can borrow a personal loan instead and that too at the lowest interest rates from financial…

Category:Personal Loan Archive
Pointers to Keep in Mind While Availing Personal Loan
January 13, 2022

Life is unpredictable, and you might need to meet financial obligations irrespective of the time. The veracity of such situations is you can’t prepare yourself ahead of time to deal with them. Although, if the situation is about fulfilling immediate financial obligations, count on a personal loan. However, the unsaid…

Category:Personal Loan Archive
Mortgage Loan Tax Benefits under Income Tax Act
January 13, 2022

A Loan Against Property is a secured advance amount that users get against their mortgaged commercial or residential property. This amount of funds is not restricted to being used for a certain purpose but can be used for any requirements including daily expenses. Such loans can be extended to tenor, which…

Category:LAP Archive