Mistakes to Avoid While Applying for Home Loans
The Home Loans is the biggest liability a person takes in a life. Thus, getting a home loan must be done with deeper research and proper thought process. Getting a home loan help you in relishing the dream of having your own home, thus getting it right is utmost important.
A Home Loan should always be taken after careful thinking and proper analysis
Always remember that borrowing is a big ask and when it comes to borrowing money for around 20 years or so, it becomes a long term liability, which needs to be fulfilled at all costs, without fail for those long years. So, better planning and proper analysis of your finances and responsibilities must be done in order to ensure, everything runs smooth and as planned!
Find the list of documents required for home loan. I. Applicant & Co-Applicant A. KYC 2 Photos PAN Card Current Address Proof B. Banking Latest 1 year bank statement of all accounts C. Proof of Income Salaried 1. Latest Six Months Bank Statement 2. Latest 3 Months Salary Slip 3. Last 2 Year’s Form 16 […]
There are several common home loan myths in India and one must know the facts before applying for one.
Home Loan Prepayment, is a term used to describe the early repayment of Home loan by a borrower, which may be in part or in full. There are advantages and disadvantages associated with it.
Are you exploring options for home loans to buy a house of your dreams? In recent years, the banks have become more liberal in extending a helping hand to the people who are buying a home of their own …