Buying a home is dream for many people. Owing to the rising price of
properties, it has almost become impossible for an average earning
person to buy a home on a lump sum payment. Therefore the concept of
home loan has come in trend. There are plethora of housing finance
companies and equal number of banks that offer home loans these days.
The task of selecting one company and one offer for home loan amidst the
thousands available options have become a very complex task owing to
the burgeoning housing finance market in the country.
Documents Required At The Time Of Application
Following are the documents that lenders require at the pre-approval stage:
For All:
Documents Required At The Time Of Application
Following are the documents that lenders require at the pre-approval stage:
For All:
- Proof of Age
- Copy of Bank A/C statements for the last 6 months
- Copy of latest credit card statement
- Passport size photograph
For Salaried Employees:
- Salary and TDS certificate
- Latest pay slip
- Letter from employer
For Self-Employed/Businessmen:
- Copy of audited financial statements for the last 2 years
- Copy of Registration Certificate of establishment under shops and Establishments Act/Factories Act
