5 tips to help you compare home loans, get the best home loan as well as the cheapest housing loan and walk into your own home.
Welcome to FundooMoney, your 24X7 buddy for all your money matters! Shortly, we will give you 5 smart tips to get the best housing loan for yourself so that you can soon walk into your own new home. Stay tuned.
Shortlist Few Lenders with Lowest Rates Select 3 lenders offering the lowest home loan interest rates. Some lenders may not approve the loan for the property of your choice.
Go for Pre-approved Properties Get a list of pre-approved properties for the city and area of your choice from selected lenders. Zero down on 2-3 most suitable options that fit your budget.
Keep Your Credit History Clean You can get into a position of being offered best home loan interest rates when you have a good credit history. Therefore, be disciplined while repaying loans and your outstanding payment for your credit card.
Negotiate with the Lender If you are not taking the housing loan from the lender offering the lowest home loan interest rate, explore the possibility of a lower rate from a home loan provider citing your creditworthiness and lower rate offered by the lowest rate lender.
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