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Posted On :- 23/07/2007
 
Question Asked :-  
 
In want to buy two flats, Rs. 65,00,000 and Rs. 30,00,000.It is for my son working in USA, in an internationally reputed firm getting a good salary.I(father) a 100% loan r the house on a fixed interest rate. Can I get the loan?  
 
Answer :-  
 
Banks normally will provide only 85% of the total cost of the house property. 10% to 15% of the property cost is to be borne by you. Click on the link to know more on how down payment can be funded from your own sources: http://www.apnaloan.com/primers/home-loan-india/downpayment.html  
 

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