What is a home equity loan?
A home equity loan is a mortgage that lets you borrow against your home equity, receive the funds all at once and make a fixed monthly payment. Home equity is the difference between how much your home is worth and the amount you owe on your mortgage. Lenders set a “loan-to-value (LTV) ratio” limit on the percentage of your home’s value you can borrow.
A home equity loan may also be called a second mortgage, since it’s usually attached to a home already secured by a first mortgage.
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New Home Loan
New Home Loan at basic interest rates from Borrow-Loan Company. You can apply online and check your eligibility and easy EMI. Fast Approval for your new home loan.
A home conversion loan is a scheme for those who have already taken a housing loan. This loan follow some rules and regulations.It is a part of loan.
Anchor Investments offers home loan for land purchase to make your dream home. You can compare home loan rates with our compare loan table. Apply online for Home Loan.
Get instant approval for renovation your home. Borrow introduce home improvement loan. It is with basic rate and flexible EMI repayment.For more detail you can check our loan products.
Home Loan - Eligibility
Any salaried, self-employed or professional Public and Privat companies, Government sector employees including Public Sector is eligible for a personal loan.
Maximum age of applicant at loan maturity: 60 years
Minimum Net Monthly Income: USD 15,000
Applicant should have the bank specified credit score.