Basic Home Loan have Advisors, not Agents. 4 Reasons you must have a Home Loan Advisor
Buying a house is one of the major goals in life. That is why we tend to involve all our close confidants, family members, and friends for counsel. Although these pieces of advice lay the foundational structure of the decision to buy a home, getting Expert Professional Advice is paramount for a successful transaction. A homebuyer needs consultants, agents, and experts at each stage of the Home Buying Journey.
And as almost everyone these days takes Home Loan as a Financing Option, it is crucial that the right home loan Agent guides through the Application Process and Structuring of the loan. But it is very rare to find an honest home loan advisor that guides you like a family at every step.
Home Loans are comparatively easier to get these days but it is very difficult to repay them. A typical home buyer pays back anywhere between 50%-100% interest on the entire home loan depending upon loan tenure. Therefore, the right home loan advisor would go the extra mile to get you the best interest rate, pre-payment options and negotiate with the bank to get the best deal for its customer.
BASIC’s Home Loan Advisors help you reach your goals and provide end-to-end support. They would carefully analyze all the financial offers available with the banks. Their Digitized Credit Check helps to evaluate the best offer for you in the long term.
Agents vs Home Loan Advisors
When you apply for a loan you come across two types of professionals.
The first one is an agent. Who knows how to log in to your file and get it clear. There is usually one answer you heard from them. Your application is either rejected or approved. They don’t work for a specific loan lender and have connections across various banks.
The second professional is a home loan advisor who does the same work that an agent does but understands financial products better. They have the knowledge of which bank can get you the best loan with the best offers. They aren’t tied to specific companies. Instead, they work freelance and connect customers with the best lender. However, we would recommend you approach an advisor to get help with your home loan.
4 Reasons you must have a Home Loan Advisor -
1. They aren’t tied to a particular lender:
With no specific partiality, an advisor can compare a range of lenders and products. This saves the time and money of the customer. They help to avoid any confusion and increase the chances of getting your home loan approved. An advisor can make your home loan process seamless and effortless.
2. Benefit from their experience:
With years of experience in handling different case files, they can advise customers on making their file stronger They know at which stage and due to what reasons files get stuck in the process. And can help the file get stuck or rejected.
3. They can speed up your application:
Home loan files do get stuck for a number of reasons when you apply for a home loan. As every bank has a stringent verification process, it is very important to present all documents in a proper manner at the time of loan application.. An experienced advisor knows the nitty-gritty of the application approval. Also, they have a good relationship with the lenders and that means your application turnaround times can be up to 2-3 days faster than going to a bank directly.
4. Can make your home loan process easy:
An advisor will not just keep you filled with knowledge but also keep you on track by keeping you updated at each stage of your application. Their knowledge and experience can make your home loan process easy and ease your anxiety.
Basic Home Loan is one of the fastest-growing startups in India. It is striving towards solving the housing problem on a broader level.
When you log in your file with Basic Home Loan, you get an advisor that completes all the documentation and coordinates with the lender for approving the file and getting disbursement.
Wait, how is that different from a regular agent?
A Basic home loan advisor will not only help you log in to your file with the bank but will also help you explore your home loan options. Through Basic home loan’s digitized credit check you evaluate the best offers for you.. With knowledge and experience, an advisor can actually help you select the right home loan. You can check this link - https://basichomeloan.com/ if you want to get more detailed knowledge of how Basic Home Loan works.
