Willing to buy your own house? Looking for an apartment in your desired location? Struggling hard to make your own home? Now you need not worry anymore when LOANQUBES.com is there to become your gateway to your dream home. Yes, with the Home Loan Facility you can fulfill all your dreams of buying a new home.
A loan facility which is offered to customers for meeting housing needs such as purchase of a new home, construction of a new home, purchase of land or plot for building a house is known as “HOME LOAN”.
Home Loan also known as Housing Loan, is a lump sum amount of money borrowed from financial institution to buy a house. As per the interest rate charged by the bank, consumer has to repay the loan amount in the form of EMIs for the desired tenure.
Having a proper house is a basic necessity of people nowadays. Just like food & clothing, having a house is your right and is a basic need. To own a house is one of the main sign of success among middle class folk these days. The rising price of property and expensive construction charges make it difficult to buy your own house. But with the option of Home Loan your problems are easily solved.
The Home Loan opens doors for new avenues. When it comes to Home Loans there comes various categories for the same:
If you are facing cash crunch in fulfilling your dreams then where will you go? If you are worried or anxious because you don’t possess your own house then what next? The solution to all your queries is just 2 words i.e. Home Loan.
It takes whole lifespan of an individual for making his own house or purchasing his dream home, but through easy and fast process of housing loan one can easily buy his own house and fulfill his dream.
A Home Loan is a secured loan with flexible repayment options and interest rates starting from 8.8%. It is a quick and hassle free process. So if you are planning for your dream home the best option for you is Home Loan.
Home Loans are easily provided by all the banking institutions once you meet up with the necessary requirements and needs. You can easily apply online for home loan.
The eligibility criteria to get an instant approval online for Home Loans are mentioned in the table below. Please go through before applying online:
|1||Age||Age limit to apply 18 years to 70 years|
|2||Employment Type||Employment Type|
|3||Credit Score||750 or above is considered a good credit score|
|4||Annual Income||Rs.500,000 – Rs.700,000 depending on the type of employment|
|5||Status of Residence||At least 1 year at the current address|
Below mentioned are the common documents which are required for applying online for a Home Loan:
|For Salaried||For Self-Employed|
|Employment certificate from the employer||Copy of audited financial statements for the last 2 years|
|Copies of pay slips for last few months and TDS certificate||Copy of partnership deed if it is a partnership firm or copy of memorandum of association and articles of association if it is a company|
|Latest Form 16 issued by employer Bank statements||Profit and loss account for the last few years|
You can check your housing loan eligibility as well as you can check your EMI payable as per your budget online. It is simple to use and results are generated within a second. You get your EMI as well as the complete chart for the entire tenure within no time at all.
Home Loan is a tool through which your dream home can become your own home. But fulfilling this dream is not an eye blink task. Many people spend their half of the age or you might say complete age in building their own house. But through Home Loan your confusion and problems can be easily solved.
We here assist you by providing the complete procedure online with minimal documentation. On this single platform you can check out various options available from different banks. You can easily check your eligibility, documents required, and interest rates charged as per your repaying capacity.