Everyone dreams of his or her own house. Then, the difference between a home loan and a home construction loan should be clear in understanding. Generally, home loans are for purchasing properties, and construction loans cater specifically to those who own land and wish to build their homes. You can also avail yourself of a loan for construction of house due to damage caused by natural elements or if you want to extend the house. This blog explains the out-and-about of the loan for construction
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