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FINVESTFORTUNE- With an objective to provide quality Financial & Investment services to Small and Medium Enterprises (SMEs) and Individuals in Delhi-NCR, We are informally associated with Industry Experts, who are working with reputed organizations (Top Financial & Management Consultants, Investment Bankers and Real Estate Firms). Read More

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Home loan is one of the main products offered by banks, with Home loan in place with its customers banks can then have the break of building a cluster of products around it.

Other than Home loan, other types of home loan financing that banks offers include bridging loan and renovation loan.

These loans are commonly presented to the lenders in a package, provided the lenders are eligible for the loans.

A Home is a credit facility provided to customers for the purchase of a residential property for their occupation or for investment, secured on the property that that the customer is buying.

Where the home loan interest rate will move correspondingly with the reference rate, this will lead to a rise or fall in the monthly instalment payment depending on the movement of the reference rate.

A home loan is usually repaid in monthly instalments. Each monthly instalment consists of a principal repayment and interest payment.

Loan proceeds can be used for a variety of purposes, from funding a new business, to buying your fiancée an engagement ring.

Home buying is an emotional decision and one must find the right partner to guide you through the course.

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