Home Loans
A home loan is an
amount of money that an individual borrows from a bank or money lending
company at a certain rate of interest to be paid with the EMI every
month. The property is taken as a security by the money lending company
for the home loan. The property can either be commercial or personal in
nature. The different types of home loans include-
Altum Credo is a mortgage lender in Pune, India, which has helped a lot of families to achieve the dream of owning a home. Our values are trust and transparency. We provide a wide product range, low interest rates on home loans, low processing fees, etc. Our customers don’t have to worry about any hidden costs on their home loans.
Under our service of home loans, the loan will be extended for purchase of residential properties in approved locations. The residential properties can be new home purchase like flats, house, bungalows, and row house from builder or allotted by development authority/registered society; and resale property purchase of various types like flat, house, row house by member of registered society or allotted by development authority.
Home Improvement Loan
Renovating and refurbishing your home involves a huge expense. So, it makes sense to evaluate some options to fund it. A home improvement loan is typically a short-term loan advanced for improvements in a residential property, such as additions and alterations, maintenance and repair, or replacement of structural parts. These loans are available at attractive interest rates and repayment options.
Altum Credo provides this facility where in the loan will be extended for renovation/extension of owned house or for purchase of under construction residential properties which fall under builder, society or development authority approved plans and projects. End use of this loan should be towards acquisition of a residential dwelling.
Home Loan Refinance
The refinance scheme is devised for customers to repay the money borrowed by them from individuals for Construction of Residential Property / New Home Purchase / Resale Purchase. PMAY CLSS subsidy is not eligible for such loans.
Home Loan – New / Resale: Loans will be extended for
repaying money borrowed by customer from individuals for purchase (New
/ Resale) residential property. Disbursement will be in favour of
applicant & Co-Applicants only.
Home Construction on Self -Owned Plot: Loans will be
extended for repaying money borrowed by customer from individuals for
Self-Construction of residential property. The scheme is applicable
wherein construction is complete and within latest 12 months.
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