Home loan is a secured loan given to individuals who aspire to build or buy a house. The property so purchased is mortgaged in the name of the lending institution as security, till the time the loan is fully repaid.
The lending institution will hold the original property related documents till the time the loan is fully repaid along with the interest.
To buy a house, be it under construction, ready or resale property, the residence buyer can seek for loan from banks or financial institutions through financial advisors.
It should be noted that the terms and conditions of the housing loan can differ widely in terms of loan amount, maturity period, interest rate, repayment mode, etc.
ACE Consultancy has been working in this arena for several years as home loan advisors. We have expertise in identifying the banks and institutions that offer the loan on most friendly terms.
Till date, we have been instrumental and successful home loan advisors in Mumbai providing home loans to salaried individuals, self employed, professionals and NRIs to procure home loans at best terms.
Our home loan advisors strive to provide you the home loan deals at the cheapest rate of interest.
- Salaried Individual
- Self Employed Individual
- Professional Individual
- From 10 Lacs to 10 Crore
- Decided on Market Value of Property
- Decided on repaying capacity of the borrower basis income documents
Home Loan FAQ
1. A Housing loan as it would enable you to get tax exemptions as per Income Tax rules.
2. A Housing Loan can be given by a bank only after all the due diligence of legalities of property so you are always secured in term of property.
3. A Good Loan track record makes bank more comfortable to fund you in case of big requirement in future