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Financial

Following are the financial products REBI has to offer its customers:

Home Loans

REBI provides a unique opportunity of making available to its customers various types of Home Loans by the best financial institutions all under one roof. So you can evaluate options and choose the one best suited for you without running from one institution to the other.

To help you plan and prepare your financial requirements before you search your “DREAM HOME”, make use of Loan Eligibility calculator and the comparison tables available at our property shops.

Types of loans available in the property shop and their purpose:
  • Home Purchase Loan - This is the common loan for purchasing a home.
  • Home Improvement Loan -This loan is given for implementing repair works and renovations to your home.
  • Home Construction Loan - This loan is available for the construction of a new home.
  • Home Extension Loan - Given for expanding or extending an existing home. For example, addition of an extra room,etc
  • Home Conversion Loan - Available for those who have financed the present home with a Home Loan and wish to purchase and move to another home for which some additional funds are required. Through a Home Conversion Loan, the existing loan is transferred to the new home, including the additional amount required, eliminating the need for pre-payment of the previous loan.
  • Land Purchase Loan -Sanctioned for purchase of land, for both home construction or investment purposes.
  • Bridge Loan - The Bridge Loan is designed for people who wish to sell the existing home and purchase another. The bridge loan helps finance the new home, until a buyer is found for the old home.
  • Balance Transfer Loan - Balance Transfer loans help you pay off an existing home loan with a higher interest rate, and avail of a loan with a lower rate of interest.
  • Refinance Loan - This loan helps you pay off the debt you have incurred from private sources such as relatives and friends, for the purchase of your present home.
  • Stamp Duty Loan - This loan is sanctioned to pay the stamp duty amount that needs to be paid on the purchase of a property.
Mortage

A mortgage, also called Home equity loan helps the customer to mortgage his existing property to the bank for taking loan for some other purpose. Usually Banks assess the current market value of the property to give loans to customers. Customers can use the money so acquire for marriage, education, medical purpose, etc. Residential / Non-residential properties are considered for approval of loan. They are only given to legal title holders, also the land should be free from any kind of dispute.

All REBI Certified properties become automatically eligible for such a loan from our partner financial institutions. Hence all you have to do is just call us and we will guide you through the whole process.

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