A home is a basic need of all peoples. When you decide to build or buy a house, definitely you have to spend a large amount of money to make a deal.
Generally most of the peoples will apply a loan from bank, lender. And the lender required you to pledge your property as the lender's security for repayment of your loan. They will hold your property's title or deed of your property within the repayment period, until you paid all the loan together with the interest.
Some benefits of the loan :-
1) Margin of financing up to 85% till 95%
2) Interest is calculate monthly
3) Free moving cost for completed or under construction property
4) Loan tenure up to 40 years to 65 years (depend borrower's age)
There are many types of loans, you may check it out the information below.