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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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Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.

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.

Home Conversion

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.

Land Purchase

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.

Home Renovation

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.

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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.

Age

Maximum age of applicant at loan maturity: 60 years

Income

Minimum Net Monthly Income: USD 15,000

Credit Rating

Applicant should have the bank specified credit score.