A home loan, also known as a mortgage, is a type of loan provided by financial institutions to help individuals purchase residential property. The borrower agrees to pay back the loan amount, plus interest, over a specified period, typically ranging from 15 to 30 years. The property itself serves as collateral, meaning the lender can seize the property if the borrower fails to repay the loan. Know more about Home Loan: https://www.investkraft.com/home-loan #homeloan #loans #finance