What type of security is required for home loans Home loans normally require collateral including the papers (title) of the home and any fixed deposit schemes or insurance schemes that are listed in the borrower’s name Home Loan Balance Transfer This loan option allows borrowers to transfer their existing home loan from one bank to another to take advantage of lower interest rates. Along with the home loan balance transfer, you can also get top-up loans to help achieve your other financial goals home loans , mortgage loan , loan against property , housing loan , home construction loan , flat purchase loans