Introduction
Here,you get all the information about home loan.
What is Home Loan ?
lA sum of money borrowed from a
financial institution or bank to purchase
a house. Home loans consist of an
adjustable or fixed interest rate and
payment terms.
Home Equity Loan
lA Home Equity Loan is a type of loan in which
the borrower uses the equity of his or her
home as collateral.
Home Mortgage Loan
lA mortgage loan, also referred to as a
mortgage, is used by purchasers of real
property to raise funds to buy real estate.
Home Loan Repayment
lYour Home Loan Repayment Amount (RMRA)
is the minimum amount you must pay each
month under your home loan contract, based
on the loan balance, interest rate and
contracted term and includes the Loan
Service Fee (LSF) if applicable.
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Home loan

  • 1.
    Introduction Here,you get allthe information about home loan.
  • 2.
    What is HomeLoan ? lA sum of money borrowed from a financial institution or bank to purchase a house. Home loans consist of an adjustable or fixed interest rate and payment terms.
  • 3.
    Home Equity Loan lAHome Equity Loan is a type of loan in which the borrower uses the equity of his or her home as collateral.
  • 4.
    Home Mortgage Loan lAmortgage loan, also referred to as a mortgage, is used by purchasers of real property to raise funds to buy real estate.
  • 5.
    Home Loan Repayment lYourHome Loan Repayment Amount (RMRA) is the minimum amount you must pay each month under your home loan contract, based on the loan balance, interest rate and contracted term and includes the Loan Service Fee (LSF) if applicable.
  • 6.