1 / 11

Common mistakes that can ruin your home loan

Having confusion in where to look at the luxury apartments in Chennai? Appaswamy Real Estates, the best builders in Chennai offers the best residential flats at the great location. We offer different options such as studio apartments, 2BHK Apartments, Luxury flats and so on. Website: https://appaswamy.com/2018/04/04/live-in-luxury-flats-in-chennai/

tamil96
Télécharger la présentation

Common mistakes that can ruin your home loan

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Common mistakes that can ruin your home loan

  2. Common Mistakes • Trading a home is a lifetime decision. Home loan is one of the powerful tools helps to own your dream house. • We all know that homes are the fixed asset which may cost lakhs of rupees. • In the modern world, it seems to be challenging for the person to own the house in the city like Chennai without getting a home loan from financial sources or banks.

  3. Common Mistakes • For the lender, it is a long time investment. • Before approving a loan to the person they made an analysis like whether the applicant is eligible to get a loan, whether they have the financial background to repay the amount and so on. • When you are applying to get a home loan there are several factors ruin your home loan.

  4. Common Mistakes • Many home loans in your portfolio • Buying a home is a significant decision you have made as well as it is one of the biggest commitment you have done in your lifetime. • If you have already taken too many loans in your portfolio then there is a chance of rejecting your loan proposal. • It is obvious that too many loans means the EMI also be high.

  5. Common Mistakes • The lender may not sure you can manage all your commitments and repay the amount on time.

  6. Common Mistakes • Not Having Enough Down payment • Down payment is the amount that you have to pay from your end when buying a property. • The banks will decide how many percentages of loans are approved based on the down payment you have. • Not having enough down payments is one of the reasons why lender rejects your home loan.

  7. Common Mistakes • Not Having Enough Down payment • You can choose the best builders in Chennai when buying apartments in Chennai they can help you to get the home loan easily.

  8. Common Mistakes • Poor Credit Score • The credit score is one of the unavoidable factors to be deliberated when applying for the home loan. • The candidate should check their credit score once in 3 to 6 months. • If the credit score of the candidate is not well then it will affect you in getting the loan.

  9. Common Mistakes • Poor Credit Score • Make sure you have chosen the trusted builders so that the lender can easily approve the home loan. • I hope this article will help the newbies who are applying for home loans. • Own your dream flats in Chennaiand lead a happy life with your family.

  10. Common Mistakes • Poor Credit Score • Make sure you have chosen the trusted builders so that the lender can easily approve the home loan. • I hope this article will help the newbies who are applying for home loans. • Own your dream flats in Chennaiand lead a happy life with your family.

  11. Thank You For More: https://appaswamy.com

More Related