28/11/2022 Financial & Legal Services
Applying for a mortgage loan? Get up to Rs.5 Cr into your account instantly within 72 Hrs. Take the advantage of a loan against property in your emergency time.
Things you need to take care of while availing of a mortgage loan.
1. You must have a great CIBIL Report, Credit report defines your financial stability in long-term loans
2. Always choose the lowest interest rates loan: Interest rates on mortgage loan is high for salaried employees instead of self-employed.
3. Always go for a short-tenure loan: Interest rates on the mortgage loan is typically low in the short term, while rates are usually high on long-term loans.
4. Do check the Charges applied by lenders: Most of the lender charges quite high processing fees and pre-banking charges.
So as you know now, When you should apply for a mortgage loan you must have considered the tenure, type of employment and your CIBIL score for choosing for the best options.
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