There are many different people involved in the home loan process. I wrote about this in detail already, but probably didn’t even include everyone. Because getting a mortgage is a pretty big deal, a lot of hands are needed to ensure it goes according to plan. There are also several ways to obtain a home … Read more
Known as the oldest and most famous business area, Abids is a prominent commercial center in Hyderabad, India. The locality gained more importance as it is close to Nampally Railway Station. Today this locality is considered the main shopping center with the street named Abids Road. In a business center like Abids, the cost of … Read more
With the rise in popularity of digital loan apps, it’s essential to identify which ones are approved by the Reserve Bank of India (RBI). For Indian banks and fintechs, the RBI acts as a guardian. They ensure that these financial institutions comply with the regulations, which enhances borrower security. The RBI establishes standards for these … Read more
When you apply for a home loan, an underwriter will review your file in order to make a lending decision. They can approve your loan, deny your loan, or possibly suspend your loan pending additional information. The two most common outcomes are approval and denial, but even an approved loan is typically “conditional.” This means … Read more
Buddy Loan, one of the reputed aggregators in the industry, features private & public sector banks for loan aggregation. Aadhaar card, a document held as proof for loan disbursal validates your accountability, nationality & instant online verification. It is the easiest KYC process that saves the borrower’s & lender’s time. Aadhaar holds biometric & residential … Read more
Published on : May 17, 2024 Banks and NBFCs are financial institutions that play important roles in the financial world. But what exactly sets NBFCs apart from banks? Banks are traditional institutions that accept public deposits, lend to individuals and businesses, and offer merchant banking and other financial services. NBFCs, on the other hand, provide … Read more
You may have heard that the nation’s largest mortgage lender just rolled out a zero down mortgage. If you were around for the housing market crash in the early 2000s, it could feel like déjà vu. And not in a particularly good way. After all, it was toxic home loans that sunk the market then, … Read more