Home Loan

Home Loan

What is Home Loan

Everyone dreams of owning a house one day, but the ever-surging prices makes it almost impossible to own a home. A Home Loan comes to the rescue at such a time, it plays a vital role in making the entire process of acquiring a home possible. Getting a housing loan sanctioned is just like applying for any other loan, there is a list of documents you need to keep handy and ensure that you’ve a good credit score. Home loan also varies from person-to-person, the banks sanction the loan considering your age, income and repayment capacity

 

Steps to get a home loan

  • Calculate the loan amount required – After finalizing on your home, calculate the expenses including additional overhead costs
  • Seek the best deals – Now that you know how much loan amount you need, scan the entire market searching for the best deals
  • Understand all the complexities – Read the entire fine print and understand in detail all the complexities of a home loan
  • Calculate the EMI – Arrive at a reasonable EMI that doesn’t hamper your monthly necessities
  • Arrange all the documents – Next step is to gather all the required documents like your salary slips, IT returns, PAN card, address proof etc.
  • Don’t forget processing charges – Always account for the bank’s processing fees

That’s it, follow these steps and own your dream home, an easy financial solution to achieve a lifelong dream.

 

How it Works

  • We have partnered with leading Banks and NBFC’s to provide you a comprehensive range of home loan options. Our unique matchmaking algorithm ensures that we match your requirements with available options and provide you the best results.
  • Offers are displayed sequentially to help you compare key features like interest rates, processing fees, tenure and features. So, you can make an informed decision.
  • Once you have compared and found the loan that is best suited to your requirements, you need to fill a detailed online application form. This is required to check your eligibility and process your application.