"What is a Home Loan? Complete Guide to Choose the Best One in 2025"

 What is a Home Loan? Complete Guide to Choose the Best One in 2025 Introduction In today's era, every person dreams of owning a house of their choice. It is a significant aspiration not just for the individual, but also for their family. However, with the rising cost of real estate and everyday expenses, turning this dream into reality has become increasingly challenging. To overcome this hurdle, home loans come into the picture. A home loan plays a crucial role in helping people achieve their dream of homeownership without putting excessive pressure on their savings. Whether it’s buying a new house, constructing one, or renovating an old one — a well-planned home loan can make it possible. In this complete guide, we’ll explain everything you need to know about home loans in 2025 — from types, interest rates, and eligibility to choosing the best loan option that fits your needs. --- 1. What is a Home Loan? A home loan is a secured loan provided by banks or financial institutions t...