Buying a house or commercial property has become easy with a home loan. It allows you to borrow a lump sum amount ranging between 70%–80% of the property value. Home loan in Ghaziabad can be also opted for home extension or home renovation. You can repay the amount in easy EMIs during the loan tenure and opt for fixed or floating interest rate.
Home Loan Eligibility
For approval of home loan you need to qualify the below stated eligibility criteria.
- You should be salaried or self-employed
- Your age should be between 21 years and 65 years
- You must have a good credit history and score
- You must have job stability and monthly income
- You should inform everything related to other loan liabilities.
Home Loan Documentation
- Filled and signed application form with photograph
- Processing fee by cheque or draft
Home Loan Features
- Home loan insurance – protects the home loan and help your family with repayment of the remaining loan amount in case you meet an unfortunate event.
- Flexible interest rate – select from the fixed or floating interest rates or get the fixed rate converted into flexible.
- Pre-approved home loan – save the time lost on home insurance approval at the time of purchasing home that can even get sold out because of the delay in the documentation or approval process
- Home loan balance transfer – for transferring of current home loan from one lender to the other in search of better interest rates.
- Quick and simple processing