Growth. Innovation. Trust

A home loan, also known as a mortgage, is a financial product that enables individuals to purchase a house by borrowing money from a lender. This loan is typically repaid over an extended period, often spanning several years or decades, with interest. The property itself serves as collateral, allowing the lender to seize it if the borrower fails to make payments. Home loans come in various types, such as fixed-rate and adjustable-rate mortgages, each with its terms and conditions. These loans offer individuals the opportunity to own a home without having to pay the entire purchase price upfront, making home-ownership more accessible.