Today, home loan process is a boon to those who aspire to buy a house for themselves without having any concrete savings. Purchasing a house is probably the biggest investment people make in their lives. The high property rates and less savings are hurdles in the lives of many. It can be eradicated through the money borrowing process. Many governmental and private lenders are providing lucrative home loan offers to motivate aspiring house owners to come forward. Today, the policies even allow people to transfer their loans from one organization to another.