Housing Loan against properties of House and Lands?
Have a query about getting housing loan? Confused whether to continue with private financing or move to a nationalised bank? Here, scroll through this page and get answers to all your queries.
Last year I purchased a new house through an Housing Finance (13 lakh). The house was built in only one cent (including Land). It is 2 story building. Ground Floor is 420 Sq. Ft and Ist Floor is 400 sq.ft. All the National Banks refused to give me finance for this property. (The house's right and left walls are common. It is row type house). Even though I am Govt. clerk I was refused house loan.
I approached a private housing finance which I am paying heavy interest. I am ready to give this house and other my lands (cost nearly 20 lakh) as security to bank.
Shall I get a Housing loan from any Nationalised Bank to settle the Private housing firm's loan? I am total deaf and unable to communicate. A valuable guidance will solve my problem. My remaining service is only 8 years.