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Best Mortgage Loans www.loansparadise.com
What is meant by Mortgage Loans? • Mortgage Loans by definition is a Financial Loan taken by an individual or a corporate by placing a collateral i.etaking loan against a property. This loan is generally provided by Banks and NBFCs but Private Lendersemergedas the next destination for all kinds of loans available in the market including MortgageLoans. • Types of Mortgage loans: 1.Regular Mortgage loans 2. Reverse Mortgage loans www.loansparadise.com
Eligibility • Age: The borrower age should be < 60years. • Income: Net income should be > 25K for all. • Credit Score: Should have decent creditscore. • Property Ownership:The borrower should ownthe property. • EMI/NMI ratio: This should be <=50%. www.loansparadise.com
BENEFITS OF MORTGAGE LOANS • Leverage • Security • Investment Opportunity • Mortgage Interest Deduction • Flexible Repayment • Pre-payment option www.loansparadise.com
Conclusion Mortgage loans, however, should be taken as the last option to fulfill your Financial need. Find the correct lender with low interest rate and make your life more easy. www.loansparadise.com
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