You might be mistaken if you still think that home loans are still classified only between the traditional fixed interest rate or floating interest rate loans. A lot of home loan companies and banks around the world are trying to stay competitive among the many others and thus discovering of new home loans sprouted left and right. It’s maybe time to stop fretting on getting a residential home loan for your dream home and check out this website and see what is more in store for you.
Confused on what to choose from – fixed rate or floating rate? These choices have been confusing home loan borrowers every since. Articles flooding the internet between the differences of these two options clearly states the advantage of going for the first option rather than the other that makes it more confusing. Given this dilemma, thankfully banks have come up with a new loan scheme offering this versatile option to choose both residential home loan rates. There’s a free will offered for the home loan borrower to charge a percentage of his loan either fixed or floating.
Is it right to choose the fixed interest rate over the disadvantageous floating interest rate? Check this out! The fixed rate home loans is just right for you. Residential home loans are made flexible now that you can choose a special type of home loan wherein you can charge a part of your loan with the fixed interest rate at a given period of time and eventually switch it up to floating interest rates.
Tempted to shift from a small dream home to big one? Whatever your reason maybe for not selling your existing house but in need of a bigger house as soon as possible? We can offer you the short term bridging loan. This type of loan will solve your problem on that. You can then pay this loan in easy installments or by lump sum.
A no no for big equated monthly installments (EMI’s)? Step-up repayment is suitable for someone like you. Discover more about this new offer – a home loan with step-up repayment facility. Charging EMI’s in this type of residential home loan is low at first and will get bigger as time goes by. The principal of your equated monthly installments can actually be relinquished for the initial period when you choose this special type of residential home loan. Reassuring career path can be a step away from an approved residential home loan with this step-up repayment scheme.