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FAQ: Can one get a home loan for a land? - Property Hotline
Posted
May 27, 2016
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May 27, 2016
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2:26Now PlayingExpert: P.V Subramanyam, Home finance Expert
Q: I identified a plot of land in Kasauli and I intend to buy it. I am employed in an MNC. Can I get a home loan to buy land?
Answer: There are land loan available instead of home loan to buy a land. Although land loans are a tat more expensive than the home loan, you can get one and afterwards if you plan to build a house on it, you can get a home loan for it.
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