What is the difference between housing finance and housing loan ?
also can housing loan be availed on a freehold property
Menu
Housing loan on freehold property
Replies (3)
Quick Summary
A home loan is designed specifically for financing the purchase or construction of a residential property. A mortgage loan, on the other hand, has no restriction on the usage of the loan amount. ... A mortgage loan, also known as a loan against property, is a loan secured by a property that the loan applicant already owns
Can housing loan be availed on freehold property?
The correct products offered by banks for freehold property are
1. housing loan if you are intending to buy and
2. loan against property if you are already the owner.
1. housing loan if you are intending to buy and
2. loan against property if you are already the owner.
Recent Topics :
- Guidence requested for a Finance Professional with
- Expert Opinion Required – Form 140 Gross Amo
- WRONG TAX DEMAND - formal responses , rectificatio
- Foreign remittance
- Affordable Residential Flats in Gurgaon
- Manufacturing
- TAN REGISTRATION ON E-FILLING SITE
- Form 10-IEA – Continuing Old Regime
- Income tax act 2026
- Belated Return where Form 10IEA filed this year to
Related Topics :
CAclubindia
