Posted on August 10th, 2020
Home loan balance transfer is the process of transferring a housing loan from one lender to another. Individuals avail this facility to lower the interest rate on their borrowings.
Borrowers can negotiate with other lenders for better terms on their ho...
Posted on July 28th, 2020
Home loan balance transfer has multiple benefits which a borrower must understand before applying for it. These different benefits of home loan transfer are listed below –Lower rates of interestThe biggest advantage of availing a Home loan balance tran...
Posted on July 24th, 2020
With respect to the present lending industry, home loan transfer of balance has become a feasible option for existing borrowers to avail of reduced interest rates. Your housing loan can be refinanced when the new lender repays the balance due to your p...
Posted on July 6th, 2020
A home loan balance transfer is considered to be one of the most borrower-friendly facilities as it offers several benefits to an individual. From reduced interest rate and a shorter tenor to gaining additional funds, balance transfer has provided imme...
Posted on April 8th, 2020
Along with keeping track of changing interest rates, borrowers are advised to note several other factors that are equally important when considering a home loan balance transfer. There are several points which you need to know about home loan balance t...
Posted on November 28th, 2019
Secured loans such as home loans offer you facilities such as balance transfers that allow you to transfer your outstanding due from your existing financial lender to a new financial company that offers advances at a much lower interest rate. Home loan...
Posted on October 31st, 2019
With government initiatives
like PMAY implementing numerous benefits on home loan, many Indians
are availing these financial packages to build their first house.
Consequently, numerous customers are also choosing to go for home
loan transfer facility
i...
Posted on October 21st, 2019
With
home loan transfer, you can shift from your existing loan to a new
lender offering lower interest rates. Before you opt for a balance
transfer, there are certain aspects that you should keep in mind,
such as:
Time
of transfer
You
should opt fo...
Posted on August 16th, 2019
A home loan balance transfer
allows you to shift from your existing lender to a new lender
offering advances at a lower-interest rate. With a home loan balance
transfer, you can also enjoy top-up loan facilities to increase your
loan amount.
Given bel...
Posted on July 29th, 2019
The
repayment of a home loan becomes a burden for many because of the
long tenure and the interest rate. If the tenure is long, the
borrower has to keep paying according to the same rate of interest.
On the other hand, the higher rate of interest may a...