Home Loan

1
Introduction
Here,you get all the information about home
loan.
2
What is Home Loan ?

• A sum of money borrowed from a financial
  institution or bank to purchase a house. Home
  loans consist of an adjustable or fixed interest
  rate and payment terms.

3
Home Equity Loan

• A Home Equity Loan is a type of loan in which the
  borrower uses the equity of his or her home as
  collateral.

4
Home Mortgage Loan

• A mortgage loan, also referred to as a mortgage,
  is used by purchasers of real property to raise
  funds to buy real estate.

5
Home Loan Repayment

• Your Home Loan Repayment Amount (RMRA) is the
  minimum amount you must pay each month under your
  home loan contract, based on the loan balance,
  interest rate and contracted term and includes
  the Loan Service Fee (LSF) if applicable.

6
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