To have one's own home is the dream of every person. Now that getting a home loan is so easy it seems everyone can fulfill his / her long cherished dream. There are different types of home loans tailored to suit your requirements. Here they are:-

Home Purchase Loans: A basic loan that you can avail when you are purchasing a new house.

Home Improvement Loans: With this loan you can repair or renovate your existing home.

Home Construction Loan: When you have purchased a land and now you want to construct your dream home, the Construction loan will help you in fulfilling your Dream.

Home Extension Loan: A loan which can help in expand or extend your existing home.

Home Conversion Loan: A loan for those who have financed the present home with a home loan and wish to purchase and move to another home for which some extra funds are required. With the home conversion loan, the existing loan is transferred to the new home including the extra amount required, eliminating the need of pre-payment of the previous loan.

Land Purchase Loans: This loan is available for purchasing a land for both construction and investment purposes.

Bridge Loans: A special kind of loan which helps those people who wish to sell the existing home and purchase another one. The bridge loans help finance the new home, until a buyer is found for the home.

Balance Transfer Loans: If a person wish’s to change his existing Home loan, the Balance transfer would help in getting a loan. By choosing balance transfer facility the interest rate can also be differ.

Stamp Duty Loans: This loan is sanctioned to pay the stamp duty amount that needs to be paid on the purchase of property

Specific Home Loan providers- SBI Home Loans | HDFC Home Loans | Dewan Housing Finance Litd | Axis Bank Home Loans | HSBC Home Loans | ING Vysya Home Loans | Canara Bank Home Loans | Citifinancial Home Loan Schemes

Other Useful Articles- Different Types of Home Loans | Choosing Home Loan tenure | Negotiating tips for Home Loans |