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Just just just How is land loan distinctive from house loan?

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Indian investors are typically inclined towards buying land either purely as a good investment or even for building a residence.

Therefore, you may not be eligible for a home loan, but for a land loan if you are looking to buy a plot. Mortgage loans can be found just for the home currently built, under construction or more likely to go through construction quickly. For funding the acquisition of the vacant plot, you are going to need to opt for a land loan alternatively. Even though the terms, prices and operations associated with land loans are just like compared to a mortgage, there are intrinsic differences when considering the 2 as outlined below:
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Just just just How is land loan distinctive from house loan?

Indian investors are typically inclined towards buying land either purely as a good investment or even for building a residence.

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