The Complete Guide to Home Construction Loans

Home Construction Loans A construction loan is a type of specialized financing designed to fund the construction of a new residential or commercial property. Unlike traditional mortgage loans that are disbursed as a lump sum at the time of purchase, house construction loans are distributed in phases, known as “draws,” as the construction progresses. These […]
Plot Loans: Tips to Get Loan for Land Purchases

What is Plot Loans? A plot loan is a type of financial product provided by banks or financial institutions to individuals who intend to purchase a piece of land or plot for various purposes. Unlike traditional home loans, which are specifically designed for property purchase and construction, plot loans focus solely on acquiring land. These […]
What is a Loan Against Property and Its Benefits ?

A loan against property is a type of secured loan where individuals pledge their residential or commercial property as collateral to avail funds from a lender. The lender evaluates the property’s value and offers a loan amount based on it. But what is a loan against property? It’s something completely different from a personal, car, […]