Today let's talk about home loan, how you can get the best home loan
it is important to understand if the interest rate is ‘floating’ or ‘fixed’
and if it is floating, then what is the benchmark to which it is pegged.
Choose a lender who has the reputation for speed and simplicity of their processes.
Loan amount and documentation:
If your lender is willing to consider the income of all earning members in the family
and all sources of income, it will enable you to get a higher loan amount sanctioned.
Are they mobile-first:
Does your lender provide a mobile app for making regular payments
and for keeping track of your loan disbursals and balances?
Even a statement of account or interest certificate should be available on the app.
Prepayment is your superpower:
you must choose a lender who is not “possessive”.
Reputation of the lender:
Google your lender, go through their website, review their sample MITC
that is usually published on the website and read the online reviews before your final decision.