About Home Loan
your own home is special. We as a online loan provider, help you lay the foundation for your dream home. At loans4you we have designed to offer you convenience and make the experience of your dream home a pleasant one.
Our home loan solutions are based on our expertise like, quality of service, in-depth knowledge, commitment and transparency throughout loan procedures. In today's scenario home loan is the basic requirement of the individual as well as for the firm. The features offered by each financial institution are different and there are a number of variations available to suit your home loan needs.
We will guide you to know different financial institutions and what Home Loans are offered, the eligibility criterias, rates of interest offered by the financial institutions & compare them. What are the steps & processes, documents required , charges you have to Pay to the financial institutions and help you take decision in transferring the loans.
Get financing for whatever you need now
A sum of money borrowed from a financial institution or bank to purchase a Home. Home loans consist of only Floating Interest rate or fixed interest rate or fixed plus Floating Interest rate with Payment terms as per bank norms. You can avail home loans as per your requirement & needs. Loans mentioned below are as per segment and requirement.
1. Purchase of Home
Home loan for purchasing new home or Resale. Home purchases are offered by all bank & HFCs.
2. Loan Transfer
This allows you to transfer the balance on your current home loan to a new loan structure with new Bank. We normal transfer the Loan from one bank/NBFC to reduce the present higher rate with Bank/HFC, Service Issue or Enhancement of loans
3. Land Purchase
Land Loans can be availed for purchasing of residential land for construction of house. Normally all Bank/HFC take affidavit to start you construction form 9 month to 24 month. Borrow Loan 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 Extension Loans means loan for extension in the present structure and sanctioned plan and Permission from the competent authority. You also have to produce estimated cost for the construction form the architect or from contractor.
5. Top Up Loan
Top-up loan is provided by financial institutions to borrow eligible amount of money over & above your loan. Top-up loan is provided for purposes of modification or construction of your house or to meet your personal expenses like funding for children’s education, etc. However, you cannot utilize the top-up loan amount for speculative purposes. The interest rates charged on top-up loan can be as much as Home loan or slightly higher than what you pay for your home loans.
6. Balance Transfer plus Top Up plan
This allows you to transfer the balance on your current home loan to a new loan structure with new Bank. You can also borrow money over and above your initial home loan amount for purposes of modification or construction of your house or to meet your personal expenses like funding for children’s education, etc. However, you cannot utilize the top-up loan amount for speculative purposes. For Example: You have Home loans running with X bank for loan Amount.
7. Self Construction
This is for construction of a new home. For Home Construction loan you need to produced sanctioned plan and Permission from the competent authority. You also have to produce estimated cost for the construction form the architect or from contractor.
8. Land Purchase plus Construction
Land plus Construction Loans can be availed for purchasing of residential land and Construction of house.For Home Construction loan you need to produced sanctioned plan and Permission from the competent authority.
9. Refiance Loans
Refinance Towards purchase of the house within 6 months from date of transaction. Refinance loans are availed if sale deed has already been done and should be later than 6 months. Loans are done at home loan rate.
10. NRI Home Loans
NRI Home Loans are meant for Non-Resident Indians who wish to build or buy a home or property in India
Features of Home Loan
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Now apply for a Home Loan online, all you need to do is provide your details below application form.