With property prices skyrocketing, buying a new house is definitely a huge decision for most of us and we rely on home loans to meet the financial needs.
Home loans are offered by private and nationalized banks and housing finance companies, but the process may turn out to be tedious and time-consuming. Also, before selecting your finance partner, you need to be aware of the prevailing interest rates and other charges applicable to make a financially viable decision.
The other charges may include loan processing charges or administrative charges, Legal & Valuation fees, charges with regards to documentation, and fees for modification in repayment of loans.
As a layman, you may analyze the amount of downpayment and affordability of EMI, but miss out on the above-mentioned charges, which maybe mentioned in fine print in the loan application form, Sanction Letter, and the Loan Agreement.
We, at ABV, advise you on the home loan product that is most beneficial for your needs, after considering your income, expenses, and other personal financial goals. We are aware of all the terms that may be included in such fine print and through our networks, we can negotiate and get the best loan terms for you.
We remove the hassle from the process of obtaining a loan so that you can concentrate on planning the interiors of your new home.