By Sakshi Sah
Published Dec 08, 2024

Hindustan Times
Trending

Photo Credit: Pexels

6 key facts you should know before taking a home loan

Smart tips to make borrowing easy and stress-free.

Make sure your income, age, and credit score meet the lender’s rules.

Find out about fixed-rate, variable-rate, and other home loan options.

A pre-approved loan gives you a clear idea of how much you can borrow.

You’ll need KYC, income proof, and original property papers for approval.

Choose a lender who stores property papers securely and makes them easy to access.

A term insurance plan protects your family if you cannot repay the loan.

Regular payments keep your credit score safe and avoid extra fees.

Follow these tips to make your home loan journey smooth and successful.

Plan carefully and enjoy a hassle-free journey to owning your home.

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