Here are some advice and solutions for your queries and it will solve all the mortgage related problems. Most of banks have a set function for loan process and they are proving mortgage loans for all the customers who are having all the necessary documents related to mortgage loan process and we have collected all the information About mortgage Loan in Pune & India.
Here we have some answers of most important Mortgage FAQs:
Answer: It is basically the core product of the secured product where some other product like home loan, gold loan is the secured loan family products. Any of secured loans is as per their name secured by any of collateral property like home, residential or commercial flat, or any other immovable property.
- Who is the largest mortgage loan provider in India?
Answer: As you guessed, SBI is the largest mortgage loan provider in India. HDFC and ICICI are other large players of Mortgage funding in India.
- What is the PLR?
Answer: Prime Lending Rates is the base rates of the banks and banks funds on above two or three percents from the base rates.
- What is the best program in Mortgage Loan?
Answer: NIP – No Income Program & LIP – Liquid income program are the best programs in Mortgage Loan. These program supports for those customers that are not having fix income on papers means on ITRs and banking. Apart from that liquid income program are also very good program, also the best part as LIP provides to the customers on the low part of loan to value of the property.
- Which Banks/ NBFCs provides real time instant mortgage Loan?
Answer: There are lots of banks and NBFC company in India they provides instant mortgage in Pune and anywhere in India. To get complete information please check the mortgage provider banks and know everything about loan against provider’s banks in India.
- What is the maximum loan tenure on Mortgage Loan?
Answer: At this time 15 years is the maximum loan tenure provided by some banks in India, check now about the banks providing 15 years tenure loan.
- Can I avail mortgage Loan against my open Land?
Answer: Yes you can avail mortgage against your open land if you have the NA approved open land.
- Is any bank provides mortgage in Pune if I have bad CIBIL Score?
Answer: Yes there are some banks they may take call on your CIBIL credit score but it is the sole discretion of the bank. The customer has to settle his earlier loans by paying full amount to the banks, it can be a chance for availing fresh loans to customers.
- How to calculate mortgage Loan EMI?
Answer: It is very simple. We have made the simple and integrated loan EMI calculator and it is very user friendly. Customer can check the instant loan EMI.
- What is the age criteria to apply for any loan?
Answer: As per the RBI rules, minimum age of availing any loan is 21 years and maximum age can be go up to 65 years.
We hope Mortgage FAQs are helpful to choose the right bank and right product program.