Home Loan Rejection Causes
Many of us dream of owning a home of our own, but due to financial constraints, we delay the process of home buying. A home loan, usually becomes essential for the person who are a bit financially unsound. In an effort to get a dream home, we do have a financial hand in the form of home loans. Home loans are a savior for many in the country for getting a first home of their own.
read moreClick Selfie To Pay Your Bills With MasterCard
MasterCard may soon introduce a face recognition system that pays bills after user clicks a selfie and blinks in 14 other countries, apart from the US where it is currently on trial. "When making a purchase online from a merchant that requires identity verification, cardholders can authorise the transaction by holding up their phones as if taking a selfie and blinking
read moreHome Loan Calculator to gain Tax Benefits
Buying a home gives you the comfort of living in your own house and moreover it also provides financial security to your family. Many people fulfil their dream of owning a house by taking a home loan but not all are aware of how they can enjoy tax benefits while they are repaying the loan taken. In terms of house loans, as per the provisions of income tax act one can claim exemption for the repayment of interest as well as principal.
read moreBenefits of Joint Home Loan
Buying a home involves a lot of pre planning in terms of finances, location etc. At all costs we want to make it as big and as better as possible. The major component involved is affordability, which eventually decides the size, location and quality of one’s home. Given the fact that the option of taking a home loan has improved affordability, there are other factors such as age, income levels, and other loans that you are still repaying that also affect your home loan eligibility.
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