I hope many must not be know about “Equity Home Loan”. We all are used to basic “Home Loan” or “Housing Loan”.
So what is this Equity Home Loan concept?
- Can an Individual get a Equity Home Loan at his/her 1st Home Loan?
- How does a Equity Home Loan and Mortgage Home Loan differ?
- Is is advisable for salaried individuals to go for Mortgage home loan or Equity home loan?
Regards,
Turab