Just just How is land loan not the same as home loan?
trianons 2020-07-15T03:51:58+00:00Just just How is land loan not the same as home loan? Even though the terms, prices and operations associated with land loans are just like compared to a mortgage, there are numerous differences that are intrinsic the two. Indian investors are typically inclined towards buying land either purely as a good investment or even for building a home. Therefore, if you should be looking to purchase a plot, you might not qualify for a mortgage, however for a land loan. Mortgage loans can be found just for the house currently built, under construction or expected to go through construction quickly. [...]