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Getting the right amount of home loan is difficult, but not impossible. However, with IMGC, the process is easier and the result better. With IMGC offering mortgage guarantee as insurance for home loan to the lender, the terms of the loan will be better than what other applicants would get without the mortgage guarantee by IMGC.
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How to Get a Home Loan with the Help of Mortgage Guarantee? It is a common occurrence that when a person applies for a home loan, he often does not get the required loan amount, and returns home crestfallen. However, with IMGC’s Mortgage Guarantee, the likeliness of home loan approval increases. IMGC has made getting loan for a house easier. Here is how you can do it: • Submit All Documents Gather all the documents the bank or NBFC asks for, and submit them.
How to Get a Home Loan with the Help of Mortgage Guarantee? • Ask the Bank or NBFC to Back the Loan with Mortgage Guarantee If the bank or NBFC does not allow you the home loan for the amount you need, ask them to back your loan with Mortgage Guarantee. Here, it is ideal to check the lender partners of IMGC before applying for a loan at a particular bank or NBFC. • Wait for your Application to be assessed In this phase, the bank, in conjunction with IMGC, will assess your application and all the documents submitted by you.
How to Get a Home Loan with the Help of Mortgage Guarantee? • The Bank or NBFC Will call you Post assessment, the bank or NBFC will call you asking to make a visit if the loan application is approved. In a Mortgage Guarantee backed home loan, you will receive better home loan terms, like higher loan to value and longer tenure. Getting the right amount of home loan is difficult, but not impossible. However, with IMGC, the process is easier and the result better. With IMGC offering mortgage guarantee as insurance for home loan to the lender, the terms of the loan will be better than what other applicants would get without the mortgage guarantee by IMGC.
Contact Us Address : India Mortagage Guarantee Corporation (IMGC) 9A, DLF Cyber City, DLF Phase 2, Sector 24, Gurugram, Haryana 122002 Phone: +91-124-4654900 Email: info@imgc.com Fax: +91-124-421-8510 Website: http://www.imgc.com/