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While interest rate wars were common some time back with each housing finance company trying its best to rope in more customers through rate cuts, today it's the value addition that rules. What extra can a housing finance company offer to the customer?
For a common man house hunting is quite a task. And housing finance companies, in order to offer something extra to customers are traveling that extra mile by searching for the right house for them on the basis of the requirements given.
Not just that, companies are also offering insurance covers on home loans. These insurance policies are pure risk covers and take care of any risk to the home loan in case of death of the individual for the specified term. Besides there is also accident insurance offered that will take care of the loan in case of accidental death of the individual. So ask for these and know what all your housing finance company offers before you sign on the dotted line.