THE LOAN THEORY
THE LOAN THEORY AMIT SETHI TIMESPROPERTY Availing a home loan is not a difficult task anymore. However, ensuring due-diligence and choosing a scheme, which would be beneficial in the long run are not easy. Hence, here our experts guide you through and seek an answer to the quintessential question - which type of home loan would best suit me? THINGS TO KEEP IN MIND : Home loan borrowers should also check the down-payment required for the loan. Amitava Mehra, CEO, India Mortgage Guarantee Corporation suggests, “A consumer needs to be clear about the kind of house he is looking to purchase and the budget he wishes to spend on the same. Additionally, it is important that as a home-buyer, you are aware of how much of your savings you wish to spend as your down-payment and the amount you wish to borrow from the bank.” Choosing the best home loan scheme would mean that you would save money in the long run. PROS AND CONS OF DIFFERENT TYPES OF HOME LOAN : Navin Chandani,