sales[at]mshomes.co.in
Loan Guidelines

Home Loan Guidelines

Home Loan Guide

Home loan guidelines are a set of rules that govern the process of applying for and obtaining a mortgage to purchase a home. These guidelines outline the criteria that lenders use to determine eligibility for a loan, including factors such as credit score, income, and debt-to-income ratio. They also provide information on the types of loans available, down payment requirements, and the application process. It is important for potential homebuyers to understand these guidelines in order to make informed decisions about their finances and successfully secure a home loan.

Required Documents for Home Loan

The documents required for a home loan in India may vary slightly depending on the lender and the type of loan, but generally, the following documents are commonly required:

  • Identity proof (Aadhaar card, passport, PAN card, voter ID, driving license)
  • Address proof (Aadhaar card, passport, voter ID, utility bill, rental agreement)
  • Income proof (salary slips, Form 16, business proof for self-employed)
  • Property documents (agreement for sale, title deed, approved building plan)
  • Employment proof (employment certificate, appointment letter)
  • Bank statements (6 months to 1 year)
  • Latest Passport-size photographs
  • Any other document required by the lender

© MS Homes. All Rights Reserved

Designed by Misai Designs