Home loans offer a pathway to realising your dream home, whether buying, building, or renovating. Types include land purchase, construction, renovation, extension, and composite loans. A balance transfer option helps ease financial strain. Home loan benefits include tax advantages, lower interest rates, and extended repayment periods. Eligibility factors encompass age, income, credit score, and existing financial obligations. Considerations involve interest rates (fixed or floating) and a streamlined application process. Thoroughly understanding these aspects ensures a smooth and informed home loan journey.
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