Best Ways To Get A Better Deal On Home Loan


#Lock in your interest rate

Though the banks say that interest rates are non-negotiable, they are negotiable only if you list a few honest issues with the high rate. This can be done only if you have finalized the property you would like to buy and you need it as soon as possible.

It can be beneficial for you if it’s the month end as the sales persons have a collective number of sales that they need to complete every month so for that they may give you certain benefits. Chose your interest rate accordingly; with options from a loan with floating interest, fixed rate or a hybrid loan rate.

READ MORE: RBI Seen Holding Rates Until Q2 2015, Then Ease

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