There are different types of home refinancing schemes: Term refinance, Rate refinance, Term and Rate refinance and Cash out refinance. ... Read more

By ResidenceBuy India  |  0 comments   |  2288 views  |  Category: Financing

Home loan provider selection is very important step in the home buying process. It is useful to create a shortlist of lenders, and start with the nationally recognized ones. This gives you an array of choices to select from and help you un ... Read more

By ResidenceBuy India  |  0 comments   |  2115 views  |  Category: Financing

Product selection: Mortgage is a complex product with different characteristics that deserve close attention. Here are some important concepts/ factors ... Read more

By ResidenceBuy India  |  0 comments   |  1967 views  |  Category: Financing

Affordability: Here are some key factors that should give you a good idea about how much you can afford for a home loan: ... Read more

By ResidenceBuy India  |  0 comments   |  2076 views  |  Category: Financing

Preparatory financial planning: To be a home owner is a dream come true for all of us, and we owe it to ourselves to plan ahead. Here are some pointers: ... Read more

By ResidenceBuy India  |  0 comments   |  2044 views  |  Category: Financing

Required Documentation: Lenders require specific documents to determine your eligibility of receiving a home loan. ... Read more

By ResidenceBuy India  |  0 comments   |  2101 views  |  Category: Financing

Loan pre-approval: It is a commitment in writing from a lender to lend you a specific amount to buy a home under certain conditions (e.g. term of loan, principal balance, and interest rate). ... Read more

By ResidenceBuy India  |  0 comments   |  2076 views  |  Category: Financing

Here are five top reasons for refinancing: Interest saving, Payment reduction, Moving between fixed rate and variable rate, Quick payoff, Moving/relocation. ... Read more

By ResidenceBuy India  |  0 comments   |  2105 views  |  Category: Financing

Repayment capacity: Some key factors lenders check to determine your repayment capacity ... Read more

By ResidenceBuy India  |  0 comments   |  2242 views  |  Category: Financing