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What is Mortgage? |
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Mortgage is a legal claim on a property or home which promises to pay the debt. Mortgage loans are obtained from banks by providing assets. Mortgagae loans are also known as loan against property.
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Can I pay off my loan ahead of schedule? |
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Yes, by paying extra money each month or paying extra money at the end of each year your can speed up the loan repayment process. Ask Sriloans representatives for more information.
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What factors affect mortgage payment? |
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The size of loan amount, interest rate, length of the repayment period, down payment and payment methods affects mortgage loan payments.
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What are lender fee? |
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Lenders fee is the cost for arranging loans. Different companies may refer to them by different names, such as, processing fees or underwriting fees.
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How do I apply for a mortgage? |
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Most lenders will take your application by phone or in person. The application interview typically takes 30-60 minutes.
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Sriloans is ready to clarify your doubts live. Call us +91-900 317 5707 and we are ready to answer your questions. |
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