When u r looking for a housing loan, chk out the following & u can save urself a neat packet:-
Apply for loan at one of the Home loan fairs only. Almost all such melas waive the processing fee of 1%.
Look for Home loan companies who r giving u Free Home service. This way u will be the boss and u can call the Home loan rep to ur place at ur convinience rather than taking leave from office & running up & down the busy corridors waiting for ur appointment.
When ur loan is sanctioned, chk with the Fin company about Pre EMI charge. All Fin companies will charge u Pre EMI charge even if u r taking a loan for a resale or ready property. For Eg ICICI will charge u Pre EMI if u take teh disbursement between 8-30 ofa a month but no Pre EMI chrages if u take disbursemnt between 1-7 of the month.
If u buying property in a Regd Society(Maharashtra COop act), u neednot register ur Sale deed. Most Fin company(ICICI, HDFC, etc) doesn’t insist on Regn if SOciety is Regd. This saves u teh Regn Fee.
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