TYPES OF HOME LOANS

Easy Home Loans provide different types of housing finance options for different purposes. Here’s a list of the prominent types of housing loans in India, based on a study of products offered by some of the top banks:

New Home Loans: New Home Loans are offered to eligible customers who are looking to purchase a house or property for the first time.

Pre-approved Home Loan: Pre-approved home loans are offered by banks to eligible borrowers once his/her creditworthiness, income and financial position are taken into considerable for an in-principal approval of the loan.

Home Purchase Loans: Home purchase loans are specifically given to borrowers looking to purchase a house or flat.