Home Loan - PowerPoint PPT Presentation

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Home Loan

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Find the latest information about home loans,real estate loans,home loan process,fixed home loan rates and How to apply for a home loan. – PowerPoint PPT presentation

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Title: Home Loan


1
Introduction
Here,you get all the information about home
loan.
2
What is Home Loan ?
  • A 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
  • A Home 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
  • A mortgage 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
  • Your 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.

6
Thank You
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