HomeEducation Education Types of home loans: #2 Home-purchase loan Types of home loans: #2 Home-purchase loan

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Types of home loans: #2 Home-purchase loan

Types of home loans: #2 Home-purchase loan

Saturday, September 16, 2017, 3:59 PM
A home-purchase loan amount is utilized to buy a residential property. Financial institutions usually provide up to 80-85% of the market value of the house as loan amount. The interest rate on these loans is either fixed, floating or hybrid.
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