Kolkata
Shoes23
Shopping | Shopping For Men
Kolkata
Lady Purse
Shopping | Shopping For Women
Kolkata
Menswear First Copy
Shopping | Shopping For Men
Kolkata
Air/train Ticket
4.5
(5 Reviews)
The mortgage loan is provided as a secured loan. The very term mortgage signifies a loan used to purchase or maintain a home, land, or other types of real estate. The borrower agrees to pay the lender over time, basically in a series of regular payments that are divided into two parts- principal and interest. This loan allows you to get the loan by submitting your immovable asset.
This immovable asset can only be your house or your apartment. Because only a house is an immovable object. Home loans, commercial property loans, and loans against property are the three main factors of a mortgage loan.
5 types of mortgage loans are available in the Kolkata. These are
The mortgaged interest rate varies from time to time. But normally it revolves around 8.15 percent to 11.80 percent per annum. You will get 60 percent of the registered value of the mortgaged property.
There are several processes for the mortgage. One can go to the banks with the required documents. One can go to the Non-Banking Financial Companies also. Again you can go to the loan brokers who will give you facilities like: