Choosing the right home loan could be a tiring and depressing process. You may wonder why? Well, because you can take any risk in considering the loan options when it is about your dream home. You want to choose the best one. After all, you do not buy homes every day. And due to the number of people who do not have their homes in our country, there are a number of lenders who provide a home loan. With so many options at your disposal, you are bound to confuse.
But there is this one loan facility by Home First Finance Company that could be the best option for you. In this article, we will tell you about what makes choosing HFFC Home Loan as the best decision of your life. The best part of this home loan is the affordable interest rate as any individual who looks to buy a home loan wants to have a lower interest rate. And HFFC doesn’t disappoint you in this case. So if you want to have a look at what are those features that make it so much popular among the customers, then this would be a good read for you. Keep reading!
Features that make HFFC Home Loan that make it one of the best:
Variety of Purposes: It doesn’t matter what kind of need you have, HFFC home loan can be taken for a range of purposes such as building a home on your land, renovation the whole house, building the second floor, or anything else. In short, if you want to do anything related to your home, you can opt for this home loan facility from the HFFC.
Maximum Loan Amount with No-income Proof: Worrying about what home loan amount you will get? Well, with this loan facility you could get a maximum of 90% of the property value as the loan amount. For example, your total property value is 20 lakh, then you could get a maximum loan amount of 18 lakh. You would have to get the remaining INR 2 lakhs by yourself.
Other than this, the most amazing thing for you is that HFFC doesn’t ask for any kind of income proof from both salaried and self-employed applicants. Isn’t it good that you don’t have to show anything related to your income? The bank will assess your eligibility based on your property.
Loan Improvement: At any point of your loan tenure, you can get an additional loan amount in the time of need. HFFC will give you the extra loan amount apart from your already approved loan amount. Also, remember that you can take this additional loan amount at any point in the whole loan period. This period can be of a maximum of 25 years.
Convenience: With the HFFC Home Loan, you will get total convenience with the help of customer Relationship Managers who will guide you throughout your loan process. You also don’t need to worry about what if you contact some other person because there will be only one person who will help you throughout.
Also, you don’t need to submit any kind of physical documents during the loan application. Everything will be digital. From Application to Documentation.