Owning a home is a dream come true for most people and families. While a down payment is required for purchasing a home, a home loan also has to be arranged for covering the majority of the purchase cost. Availing a home loan may seem a complex procedure, although most banks and financial institutions have transformed their application and verification procedures, enabling better experiences for customers in turn.
The key thing to note here is that a home loan is usually a long-term proposition that spans 15-20 years or even more. Hence, obtaining the best home loan rates is crucial towards keeping the monthly repayment amount or EMI (equated monthly installment) in check. It also helps in streamlining and lowering the overall outgo or cost of the loan. Here is a brief guide towards obtaining the lowest possible home loan interest rates.
Here are a few steps that will help you obtain the best home loan rates for maximum convenience and affordability alike.
These are some tips that you need to following order to get a lower rate of interest. If you have a stable income and meet the bank/financial institution’s eligibility criteria, then you can always expect to get your chosen amount sanctioned with a better interest rate. Keeping your credit score high is a must along with clearing off as much existing debt as possible before you apply for the home loan.
Banks prefer customers with a good credit score and track record of financial discipline along with those who have repaid their dues in a timely manner. They also prefer those who can easily repay the home loan over a shorter tenure with a stable source of income and assets. Hence, if you stick by these principles, then it will be possible for you to get the best home loan rates without any difficulties.
Orchids are amongst the most exotic varieties of plants. Besides enhancing the home’s exquisite beauty, they are known to be stress-busters and purify the air. However, many people believe that growing orchids at home is challenging, forcing them to look for alternatives. On the contrary, orchid cultivation is easy, enjoyable and requires minimal effort. If you want to sow orchids but are not familiar with the process, read on. In this article, we will delve into the process of cultivating orchid plants at home.
Pune is the second largest city in Maharashtra by population. The rich culture, the lively entertainment scene, the robust infrastructure, and the cosmopolitan population make this a wonderful place to live. With several commercial hubs and IT parks coming up, hundreds of thousands of young professionals are moving into Pune. It is also one of the top choices for Mumbaikars to buy a second home or a retirement nest. With some of the leading developers of the country expanding their market to Pune, the residential market in the city is on a growth trajectory.
The master bedroom serves as a personal sanctuary, a retreat from the world, and its design elements play a pivotal role in creating a tranquil and functional space. Among these elements, the wardrobe stands out as a crucial component that harmonises style with efficient storage.