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How to Raise the Eligibility Level of a Home Loan?
13

Raise the Eligibility Level of a Home Loan

Feb 15, 2017

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Real Estate

Arwind Sharma
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Page 1: Raise the Eligibility Level of a Home Loan

How to Raise the Eligibility

Level of a Home Loan?

Page 2: Raise the Eligibility Level of a Home Loan

Apply for a loan with

Longer Tenure

Page 3: Raise the Eligibility Level of a Home Loan

Opt for a Longer Tenure

20-30 years

Lower the EMI

Apply for Higher Amount of Principal

Raise your Eligibility Level

Page 4: Raise the Eligibility Level of a Home Loan

Apply for a Loan with

Longer Tenure

Take Care of the Previous

Loans

Page 5: Raise the Eligibility Level of a Home Loan

Pay off the existing

loans

Increase Credit Score

Prove you have sufficient finances to pay the EMIs

Raise your Eligibility Level

Page 6: Raise the Eligibility Level of a Home Loan

Apply for a loan with

longer tenure

Take care of the previous

loans

Mention your Extra Income

Page 8: Raise the Eligibility Level of a Home Loan

Mention your other source of income

Mention your incentives and bonuses

Mention these as a part of your income

Raise your Eligibility Level

Page 9: Raise the Eligibility Level of a Home Loan

Apply for a Loan with

Longer Tenure

Take Care of the Previous

Loans

Mention your Extra Income

Mention your Extra Income

Page 10: Raise the Eligibility Level of a Home Loan

Include co-applicants

while applying for a loan

Ensure co-applicants have relevant documents that

support their income

Your spouse or parents can be your co-applicant

Raise your Eligibility Level

Page 11: Raise the Eligibility Level of a Home Loan

Apply for a loan with

longer tenure

Take care of the previous

loans

Mention your extra income

Mention your extra income

Approved Home Loan

Page 12: Raise the Eligibility Level of a Home Loan

These steps will help to increase the eligibility

AndSecure your home loan

Page 13: Raise the Eligibility Level of a Home Loan

Thank You