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House loan

Inside Section 1



House loans are very common. They are provided with a house or apartment as security. The interest is often lower than for other kinds of loan, because the credit company or bank have a good security in your home. If your home is located at a place where it is difficult to sell a house, the bank may not find your house as a very good security and may rise the interest rate.


  • Low interest rate
  • You can change bank or lender easy


  • You loose your home if you cannot pay the loan
  • Not everyone qualify for a house loan



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