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Important Home Loan Terms and Jargon For First-Time Buyers

Be it buying a new house or getting a home loan, the process of home buying sometimes ends up in an ocean of terms and jargon unknown to the buyers, especially the first time buyers. The ability to understand the native tongue of loan terms is important for newborn buyers in order to make reasonable choices. This glossary is intended to decode common phrases used with home loans in India, which in turn will lead to your increased clarity and confidence in the home loan system in India.

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