home loans in Hyderabad | Loans Paradise

Views:
 
     
 

Presentation Description

Home loans in Hyderabad are available for the borrowers to fulfill the dream of owning a house. As they are large borrowings, there are few factors that affect the interest rate paid to the lender.

Comments

Presentation Transcript

Slide1:

What are the factors affecting home loan interest rates? https://www.loansparadise.com

Slide2:

Home loans are taken to purchase a home or a plot and get the dream of owning a home fulfilled. There are lenders offering Home loans in Hyderabad with different rates of interest. For the borrower to get affordable interest rates there are few factors to consider. https://www.loansparadise.com

Slide3:

Income: Income of the borrower will affect the interest rates. Higher income means there is less risk of defaulting and the lender can enjoy lower interest rates. https://www.loansparadise.com

Slide4:

Age: If the person taking a loan is in the retirement stage, then there are chances for him to default the payment. So, younger borrowers have a chance to get low-interest rates. https://www.loansparadise.com

Slide5:

Employment type: The employment status will decide upon the interest rate charged. If the borrower is self-employed or is not stable in the job, then that will affect the interest rate charged by the lender. https://www.loansparadise.com

Slide6:

Credit score: Higher the credit score of the borrower, lower will be the interest rate. A credit score will definitely impact the interest rate of the loan. https://www.loansparadise.com

Slide7:

Relationship with the bank: Existing customers of the bank have the privilege to get low-interest rates when compared to the ones who take the loan for the first time. https://www.loansparadise.com

Slide8:

https://www.loansparadise.com

authorStream Live Help