23/07/2021 Financial & Legal Services
A mortgage loan is a secured loan sanctioned against a fixed asset like property. The asset is the collateral to avail funds and remains in the lender’s name until the borrower repays the total loan amount. Factors Affecting Mortgage Loan Interest Rates:
Applicant’s Credit Score
Applicant’s Financial Profile
Loan Duration
Property Type
You can read more about mortgage loan interest rates at Bajaj Finserv’s official website.
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