First Time Home Buyers’ Home Loan: A Perspective

Check Your Personal Finances & Future Capabilities, Your Home Loan Eligibility, And Various EMI Options Along With Varying Repayment Tenure

To ensure the legal status of the property is clear which includes going for a RERA registered property, and duly approved for home loans by major banks

Choose your interest rate option wisely- Floating or Fixed rate

Carefully consider the home loan foreclosure charges and prepayment related charges or guideline

Select the bank that suits your requirement and works well for you

Therefore, a home buyer must educate oneself, gather the required information, and take some time while evaluating the first time home buyer's home loan options to buy a property.

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