A House Loan or Home Loan simply means a sum of money borrowed from Banks or NBFCs to purchase a house. People generally take a home loan for either buying a house/flat or plot of land for construction of house or renovation, extension and repair to the existing house. The property is mortgaged to the Bank or the lender as a security till the repayment of the full loan amount. The Banks and NBFCs will hold the Deed to the property till the loan has been paid back with the interest due on it.You get Lowest Interest Rates on Home Loan at Loans4Dreams.com

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