{"id":2610,"date":"2022-07-15T11:09:01","date_gmt":"2022-07-15T11:09:01","guid":{"rendered":"http:\/\/msmefinserv.com\/?page_id=2610"},"modified":"2022-11-11T10:07:29","modified_gmt":"2022-11-11T10:07:29","slug":"commercial-home-purchase-loans","status":"publish","type":"page","link":"https:\/\/msmefinserv.com\/index.php\/commercial-home-purchase-loans\/","title":{"rendered":"Commercial Purchase Loans"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"2610\" class=\"elementor elementor-2610\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bc3816f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bc3816f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-c09d255 ot-flex-column-vertical\" data-id=\"c09d255\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5c45141 elementor-widget elementor-widget-image\" data-id=\"5c45141\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/msmefinserv.com\/wp-content\/uploads\/2022\/07\/Downloader.la-62d54c4e260bb.jpg\" class=\"attachment-large size-large wp-image-2796\" alt=\"MSME Finserv\" srcset=\"https:\/\/msmefinserv.com\/wp-content\/uploads\/2022\/07\/Downloader.la-62d54c4e260bb.jpg 1024w, https:\/\/msmefinserv.com\/wp-content\/uploads\/2022\/07\/Downloader.la-62d54c4e260bb-300x200.jpg 300w, https:\/\/msmefinserv.com\/wp-content\/uploads\/2022\/07\/Downloader.la-62d54c4e260bb-768x512.jpg 768w, https:\/\/msmefinserv.com\/wp-content\/uploads\/2022\/07\/Downloader.la-62d54c4e260bb-600x400.jpg 600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-7b76740 ot-flex-column-vertical\" data-id=\"7b76740\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0e6c204 elementor-widget elementor-widget-iheading\" data-id=\"0e6c204\" data-element_type=\"widget\" data-widget_type=\"iheading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"ot-heading\">\r\n\t        <span class=\"is_highlight\">our services<\/span>\t        <h1 class=\"main-head\">Home Loan<\/h1>\t    <\/div>\r\n\t    \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d4d9d66 elementor-widget elementor-widget-text-editor\" data-id=\"d4d9d66\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A loan which is availed to purchase your dream residential property is called as home loan. The loans are provided by banks and NBFCs to individual or self &#8211; employed people. The said loan can be availed for purchasing eligible residential properties either from builders or resale from individual pre &#8211; owners. Both Under-construction or fully constructed properties are eligible for such loans.<\/p><p>The most important aspects for a home buyer once the property to be purchased is selected are the payment terms and conditions of the seller, Agreement value, availability of the margin money with the purchaser, Cost\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5fe97c0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5fe97c0\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-492d198 ot-flex-column-vertical\" data-id=\"492d198\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6fb6995 elementor-widget elementor-widget-text-editor\" data-id=\"6fb6995\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>sheet availability in case of purchase from builder, availability of documents such as approved plan, Occupancy certificate etc. and the time lines of the payments. Once these aspects have been closed duly then one should look forward for applying home loan from financial institutions.<br \/><br \/>Almost all the banks and NBFCs provide home loans and generally provide Loan to Value (LTV) ranging between 75% &#8211; 90% of the cost of the property depending upon the loan amount and their own lending criterions.<br \/><br \/>The residential property to be purchased should stand in the name of the seller and should be legally clear as per the law of the land. The said property should also be marketable and clear of any illegal structural changes. The said property should also fall under geographical locations approved by different lenders as per their respective lending norms.<br \/><br \/>Maximum Tenure available is till 30 years subject to the age of the applicants at the time of loan maturity or the lending criterion of the respective lenders. The market value of the property to be purchased is generally ascertained by the valuers approved by the respective lenders.<br \/><br \/>For income eligibility calculations borrower entity as well as co &#8211; applicants can be clubbed together. The selection of eligible co &#8211; applicants varies from lenders to lenders, but generally blood relatives and spouse are natural selections.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7b3b876 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7b3b876\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-38dc9bf ot-flex-column-vertical\" data-id=\"38dc9bf\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dcd2603 elementor-widget elementor-widget-iheading\" data-id=\"dcd2603\" data-element_type=\"widget\" data-widget_type=\"iheading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"ot-heading\">\r\n\t        <span class=\"is_highlight\">Benefits<\/span>\t        <h2 class=\"main-head\">Lending Options available under Home Loans.<\/h2>\t    <\/div>\r\n\t    \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ca3a593 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"ca3a593\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Fresh Home Loans <\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Top-up loans on the existing loan exposures.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Balance Transfer of the existing loans.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>our services Home Loan A loan which is availed to purchase your dream residential property is called as home loan. The loans are provided by banks and NBFCs to individual or self &#8211; employed people. The said loan can be availed for purchasing eligible residential properties either from builders or resale from individual pre &#8211; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"om_disable_all_campaigns":false,"footnotes":""},"class_list":["post-2610","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/msmefinserv.com\/index.php\/wp-json\/wp\/v2\/pages\/2610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/msmefinserv.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/msmefinserv.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/msmefinserv.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/msmefinserv.com\/index.php\/wp-json\/wp\/v2\/comments?post=2610"}],"version-history":[{"count":66,"href":"https:\/\/msmefinserv.com\/index.php\/wp-json\/wp\/v2\/pages\/2610\/revisions"}],"predecessor-version":[{"id":4175,"href":"https:\/\/msmefinserv.com\/index.php\/wp-json\/wp\/v2\/pages\/2610\/revisions\/4175"}],"wp:attachment":[{"href":"https:\/\/msmefinserv.com\/index.php\/wp-json\/wp\/v2\/media?parent=2610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}