![]() Home Expansion Loans: Not to be confused with Home renovation loans, Home expansion loans are meant to fund the cost of expanding your existing housing property.Home Renovation Loans:Home renovation loans cater to home improvement projects or expenses one might incur during a renovation.The borrower can only take back the ownership of the house after full loan repayment. In such a case, the lender retains a degree of ownership of the property until the borrower has cleared off all their dues. ![]() Home loans for purchasing property Home Loans in their purest form are used to purchase a property – be it an under-construction or read-to-move in one. ![]() An aspiring homebuyer has several loan options at their disposal if their eligibility and financial standing are strong and meet the basic lending criteria.
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