Lending institutions like banks and housing finance companies offer different types of home loans for a wide gamut of housing activities. Some of the popular housing loans are:

Home Purchase Loans: There are the basic home loans for the purchase of a new home.

Home Improvement Loans: These loans are given for implementing repair works and renovations in a home that has already been purchased by you.

Home Construction Loans: These loans are available for the construction of a new home.

Home Extension Loans: Are given for expanding or extending an existing home. For example addition of an extra room, etc.

Land Purchase Loans: These loans are available for purchase of land for both home construction or investment purposes.

Bridge Loans: Bridge Loans are designed for people who wish to sell the existing home and purchase another. The bridge loan helps finance the new home, until a buyer is found for the old home.

Balance Transfer: Balance Transfer loans help you to pay off an existing home loan and avail the option of a loan with a lower rate of interest.

Refinance Loans: These loans help you pay off the debt you have incurred from private sources such as relatives and friends, for the purchase of your present home.

Stamp Duty Loans: These loans are sanctioned to pay the stamp duty amount that needs to be paid on the purchase of property.