<ul data-eligibleForWebStory="false"><li>Many homebuyers still believe in common myths regarding home loans, leading to financial misconceptions and missed opportunities.</li><li>Some myths include needing a perfect credit score to get a loan, fixed interest rates always being better, and home loans only being available from banks.</li><li>Additionally, misconceptions like the inability to prepay without penalty, longer tenures being better, and only salaried individuals qualifying for home loans are prevalent.</li><li>It's crucial for borrowers to be aware of these myths to make informed decisions in the dynamic lending environment of today.</li></ul>

Home Loan: Seven Myths Many Borrowers Still Believe In 2025

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