Can anyone guide me that what to do before taking a loan? I hv some queries regarding home loan. I am putting up in noida. 1. Is it right time to take the home loan? 2. Is there any hope in reducing of home loan rate? 3. What should be my approach, shoule I try to pay down payment as much as possible or should take the home loan more? 4. Which bank would be best for me? 5. Before signing the loan what parameters I should keep in my mind?
RE:Some queries
by LAGIDU on Apr 09, 2007 10:37 PM Permalink
1. Take the lon after SBI givs its result. speshal skemes vil cum. 2. no hope of reduksan in rate. 3. take maksimam lon and spare ur savings to buy a plot in remote sabarban area of hyderabad or chennai at thro avay price. In 4 year time U can sel the plot and clos the home lon. I did it. 4. East or west, SBI is best. They dont peenalise for preklosar. 5. The rate may go to 16% maksimam. Be redy for it in 2 years.
