Which loan is the best, a loan against ITR or a loan on a property mortgage?
Posted by Shubham Housing Development Finance Company Ltd. on December 18th, 2021
Planning a house is one of the hardest tasks in a person’s life. People plan a lot before investing in such a big possession that is a house. Having a sweet little house is the dream of every family. People wish to have their own house but unfortunately, this is not fulfilled. Not all people have enough money to buy their own house. In India, the employment rate is low and on top of that, the wages are also quite low. People with low income or who are at the subordinate level find it difficult to create a living out of it as well as buy a home. To fulfill their dream, they often go for the option of a home loans.
There are two types of loans that are generally availed and most asked of by the customers. The types are as follows:
When it comes to big housing loans and that too for a long time, the best option is to go for a loan on the property if the person has something to mortgage. Due to the limited financial knowledge of people in India, they find it difficult to apply for a loan. Not all options are known to them.
One of the best organization that renders the service of home loans is Shubham home loans. The company provides formal housing credit to those with informal incomes. They are among the first organization in India to transcend from document-based underwriting to customized credit programs for each customer. It is a one-stop solution to all the problems related to housing loans.
Like it? Share it!
About the AuthorShubham Housing Development Finance Company Ltd.
Joined: August 25th, 2020
Articles Posted: 52
More by this author