-->

Friday, 8 March 2024

Home Loan

 



A housing loan/home loan is usually taken for purchase, construction, or renovation of a property. The property remains with the lender as security for the duration of the loan. Interest rates on home loans are fixed or floating. SOFT LOAN FINANCIAL SERVICES is a home loan professional who offers you the best home loan rates in Bhopal at low home loan interest rates, fast home loan approval. We are a home loan SOFT LOAN FINANCIAL SERVICES in Madhya Pradesh for affordable housing loans in Bhopal & Indore

You can take out a home loan for reasons like:

Buy a House

The most common type of loan to buy house is a mortgage property until you repay the loan.

House construction

If you have land and you need money to build a house on it, then you can choose a house construction loan.

Expansion of the house

If you already have a home, and want to expand it, you can choose this option.

Home renovation

Home renovation loan is best suited for improving and upgrading existing homes

for a better life.

Land purchase

Loan to purchase land is designed to facilitate the purchase of land/plots.

Balance transfer

Home Loan Balance Transfer lets you transfer your high interest rate loan to a

low interest rate bank or financial institution to reduce your EMI burden.

Steps To Get Home Loan

• Fill out and submit a home loan application.

• Submit the required documents for further processing.

• Pay the home loan processing fee.

• Your home loan application and documents will be examined and verified.

• Your home loan application will be sent for approval or approval.

• Your lender will visit the property you want to purchase for legal

inspection.

• After approval, your home loan amount will be disbursed by check.


How To Loan Eligibility Criteria

The basic home loan eligibility criteria are as follows:

Age

• Salary Person - 21 years to 58 years

• Self-employed persons - 25 years to 65 years


Employment

• Salary Person - At least 2 to 3 years proof of working in a private or

public limited company

• Self-employed person - Proof of having at least 3 years in the current

business


Income

• Salary Person - Minimum Rs. 20,000 per month

• Self-employed persons - Minimum Rs. 250,000 per year


Credit score

• Generally, a credit score of 750 is considered a good score for home

loan approval


Other eligibility criteria


• Must have resided in the city of residence for at least 3 years.

• NRIs can be made only through normal banking channels or by

sending NRIs from abroad through this account.

• If you are a salaried professional, your monthly EMI can be

considered against a loan of about 40% of your monthly gross

income.

• Make sure your credit history is not bad before applying for a home

loan.

Tags :

bm

Mera Market LLP

Seo Construction

I like to make cool and creative designs. My design stash is always full of refreshing ideas. Feel free to take a look around my Vcard.

  • Mera Market LLP
  • Februari 24, 1989
  • 1220 Manado Trans Sulawesi
  • contact@example.com
  • +123 456 789 111

Post a Comment

Progress History

Soft Loan is your One Stop Financial Solutions providing umbrella services for all your finance needs

Personal Loan
90%
Property Loan
75%
Working Capital
85%
Construction Finance
80%

WHAT PEOPLE Says

We are Happy to know that our team were able to keep up with your expectations. We look forward to serving you again in the future. Happy Banking! Sincerely

Amit Parab

The staff was helpful and sincere towards resolving my case.

Abhijeet Sardesai

we are happy to know that our team were able to keep up with your expectations. We look forward to serving you again in the future. Happy Banking! Sincerely

Amit Parab

Professionals In Our Team

Years Of Succesful Work

Satisfied Client

Projects Done

Maps And Contact

Incididunt ut labore et dolore. Lorem ipsum dolor sit amet, consectetur adipisicie.

Formulir Kontak

Name

Email *

Message *

Do you have any doubts? chat with us on WhatsApp
Hello, How can I help you? ...
Click me to start the chat...