Commercial Cleaning

If this is your first home loan, there will come so many questions on your mind and there are countless chances that you could lose out these factors. There are some important points that you need to watch out before taking a home loan. The first and primary thing that you should do is get your credit report. It has become simple ever since RBI has made it mandatory for the credit agencies to provide their customers with 1 free credit report each year. So, acquire your credit report and check your credit score. Any credit score above 750 is measured a  good credit score . The reason behind check your credit score at first before doing anything else is because your credit score is like a report card on your credit health, i.e. how reliable you have been in repaying your past loans. With a high credit score you showcase that you are very careful in repaying your loans and viz-a-viz implants confidence in the lender to provide you with a home loan. With...

There will come some situations in life where you’re looking at selling off an existing house or property to replace it with a new property due to many reasons. In such situations, a home loan may not make sense since the intention is to fund the new property from the sale continues received from the old one. In such a situation, a Bridge Loan or a mezzanine loan comes handy. It is a short term loan granted to help the mortgagor fulfill the financial requirements such as buying a new home or anything else. Before that you should have enough knowledge about bridging loans and mezzanine loans and. A bridge loan is a short-term loan used until a person or company make safe the permanent  financing  or removes an existing compulsion. This type of financing allows the user to meet current responsibilities by providing immediate  cash flow . The loans are short term, and it validates up to one year, with relatively high interest rates and are usually backed by some ...