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What are the other costs that accompany a home loan?

April 26, 2017accompany costs home loan

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What are the other costs that accompany a home loan?

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Recently, the banks have made it mandatory for the borrowers of the loan amount to get the home, insured in order to safeguard their interest. There are other cost factors like processing fee, administration fee, valuation fee, legal fee etc which needs to be paid at the time of application.