What is a Home Loan?
A home loan is money you borrow from a bank or other financial organisation to buy, build, or fix up a house. The property itself is the loan's collateral. You pay back the loan in monthly payments, called EMIs (Equated Monthly Instalments), which comprise both the principal and the interest that the lender charges.
Why choose Real Finvista for your Home Loan?
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Expertise & Trust: 8 years of financial consulting guided by experienced bankers.
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Tailored Solutions : We will look closely at your specific situation to find the best financing solution for you.
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Wide Bank & NBFC Network : You can get competitive rates and deals from many different lenders.
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Fast & Transparent Process : Minimal hassles, clear communication, from application to disbursement.
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Support for NRIs & Complex Cases : We are experts at dealing with challenging profiles, NRI client, and circumstances with several documents.
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End-to-End Assistance : We help you prepare documents, negotiate with lenders, get approvals, and make sure everything is legal.
FAQs - Frequently Asked Questions
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What is the maximum house loan tenure in India?
Typically between 20–30 years, depending on the borrower’s age, property type, and lender policies.
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Can I pay off my house loan in full or in part before it is due?
Many lenders let you make partial prepayments without charging you a fee, especially on floating rates. Terms for full foreclosure or prepayment differ; always ask your lender.
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What happens if I miss an EMI?
The bank might charge you a late payment fee or extra interest. If you keep missing payments, your credit score could go down, and you could face legal action or foreclosure.
