Housing Finance

When you want to avail a loan you apply to various lending institutions. Don’t you? Also it is a common practice to apply to more than one lending institution for getting the best terms on the loan.  So do you think making multiple applications is always helpful?   An instant answer to this is of course – yes! But remember as you are waiting to get your best option, all your loan applications are tracked by the credit bureau.  Each time you make a loan…

We dream, we plan, we set limits. This is also true when it comes to planning our financial dreams too. We have some limitation on how much to spend, save or earn. And like we say, life is not one straight road, and this is true for our financial life too.  Let’s say you already have taken a home loan. Home loans are loans with longer repayment terms which may be 15-20 years or more. While servicing your EMIs for…

Pre planning is better than planning…just like pre-paying is better than paying! Owning a house of your own is a life time dream for many of us. Undoubtedly the most common way of fulfilling and accelerating this quest is by availing a Home loan. It would be only correct to state that the first step towards fulfilling this dream should be preparing a “Check list”. It will certainly help you make the complete process easier and smoother for you. Here…

The “Balance Transfer” game!  Let’s talk about “transfers” today. What has been a regular happening in European football and other international team events has now come home in a big way - courtesy the IPL. Players are transferred between teams and they get some serious money as teams bid for individuals and suddenly, as the season starts, you see a player playing against his “erstwhile” team from last season.   Closer home, and in the world of housing finance, “transfers” take…