Posts Tagged ‘home equity loans’

SBI Extends 8% Home Loan Offer till March 2010

The prospective homebuyers, who are looking to cobble together funds to buy an attractive property, now have every reason to cheer. The country’s largest lender State Bank of India on Friday decided to extend its 8 per cent home loan scheme till March 31, 2010, just a day before it was due to expire. The [...]

Private Loan Repayment Protection An Option for Worried Borrowers

A new private company called SafeStart is offering a loan repayment option for in-debt students that may provide an alternative to the government’s new income-based repayment (IBR) program. SafeStart is marketed to borrowers at colleges, universities and online schools who are worried about whether they will be able to make their monthly loan repayments after [...]

Home Loans Up to Rs 10 Lakh to Get 1 PC Interest Subsidy

To give a fillip to affordable housing across the country, the government is likely to clear a proposal to provide one per cent interest subsidy on housing loans up to Rs 10 lakh for houses not costing more than Rs 20 lakh. The new interest subsidy scheme is likely to cost the exchequer around Rs [...]

Home Equity Loan or Home Loan Mortgage Refinancing?

If you are considering taking out a secured loan against your home, two of your options are home loan mortgage refinancing with cash-out or home equity loans. Depending on your particular situation one may be better for you financially that the other. Cash-Out Refinancing A cash-out refinance is refinancing your mortgage for more than the [...]

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