Lenders Offering the Best Home Loans to the Borrowers

Well, now that you have already made up your mind to buy a home loan, it would not be wrong to say that finding the best home loans options is equally important for that. Yes, without the best options or rather the best lenders, it would be difficult for you to crack the best deal. However, one thing that needs to be mentioned here is the fact that nowadays with rise in fraudulent cases, being a borrower you have to be extra careful while looking for a lender.

If you want to enjoy your home loan journey, it is important  that you should find the best lender to make that happen. And, when it comes to finding an apt one, there is no denying the fact that it is not everyone’s cup of tea. Yes, it requires a lot of homework and time to find who is worthy for you. So, if you want to buy a new house, but don’t know which is the best lender to go with, read this article further to get the answers of all your questions. We are here to help you so that you can easily take a smart and calculative decision…

So, let’s get started and throw some light on this topic to educate people about the same…

Now there are many lenders in the marketplace, worldwide known for offering you the great deals. Keeping this in mind, here we are to help you in choosing the lender which is apt for you. Just go through the article below to know the names.

SBI: State Bank of India (SBI) is no doubt one of the leading and the most promising lenders when it comes to availing the home loan. Needless to say, this lender needs no introduction to prove its worth as it is already a well established name in the industry, known for catering the diverse needs of the people by offering the home loan interest rates of 8.35%-8.80% per annum. The credit facility offered by the bank comes to you by paying a minimal processing of 0.35% along with flexible tenures and easy documents.

LIC Housing Finance: With an interest rate of 8.35%-8.50% per annum, this renowned NBFC offers the great deal to all the borrowers looking to buy their dream home. This credit facility comes to you with a tenure of 30 years along with no processing fee being charged by the lender.

ICICI: Another prominent lender that has created its niche in the home loan segment. By offering this credit facility to all the needful at an interest rate of 8.35%-8.85% per annum for a tenure of upto 30 years, this bank ensures to fund your desires with quick and simple process. The one-time processing fee of 0.50% of the loan amount also needs to be paid by the borrower so as to get closer to his/her dreams.

Bank of Baroda (BOB): By offering the credit to all the applicants at an interest rate of 8.35%- 8.85% per annum for a tenure of 30 years, this lender is also here to rule the roost. The loan being offered by the bank comes with a variety of remarkable features and benefits so that all the borrowers can get what they were looking for.

HDFC: Comes with a tenure of upto 30 years, there is no doubt on the fact that this bank with its best of loan serves the needs of one and all. You can avail the loan from the lender at an interest rate of 8.35%-8.55% per annum along with a one-time processing fee of 1.25% of the loan amount.

PNB HFL: After serving the people for many years, this lender has also considered as a reputed name in the industry, known for offering the best home loans at an interest rate of 8.50%-8.70% per annum for a tenure of upto 30 years. The loan also comes with a one-time processing fee of 0.25%-0.50% of the loan amount that a borrower has to pay at the time of availing the same.