Apply for Home Loan / Mortgege Loan Now!
A home loan is an amount an individual borrows from a financial institution such as a housing finance company to buy a new or a resale home, construct a home or renovate or extend an existing one. The money is borrowed at a specific interest rate and repaid within a particular duration in smaller installments known as EMIs (Equated monthly installments).
A mortgage loan is a secured loan that allows you to avail funds by providing an immovable asset, such as a house or commercial property, as collateral to the lender. The lender keeps the asset until you repay the loan. A mortgage is an agreement between you and a lender that gives the lender the right to take your property if you fail to repay the money you've borrowed plus interest. Mortgage loans are used to buy a home or to borrow money against the value of a home you already own.
Anyone having his own Identity proves i.e. Adhaar Card, Pan Card, Voter Card, Income Proof i.e. Income Tax File or Salary Slip, Job proof or Business Proof, Bank account statement of business related account, Contact details i.e. Phone, Mail, Photo, Property related all documents, Building Plan & Estimates approved by local authorities, etc can apply for Home Loan / Mortgage Loan. Customer has to proof his sufficient income to get this loan.
You can get a Home loan / Mortgage loan very quickly. It will take Max.14-20 Working Days. Some banks and finance companies also complete their process within 10 Days.
Interest rates can range will depend on your credit history, Business tenure, income, Banking Transactions, business type etc. Basically Interest rate is min. 4% to Max 13% per annum.
Mostly a loan applicant can get 5 years to Max. 20 years depends on client profile, Loan amount etc.
Getting a home loan / mortgage loan from FinoFriend is easy, especially if you have your documents are in order and you have a good credit track record. You have to just fill-up our Home Loan / Mortgage Loan application, then all processes will be completed by our side.