How Increase Home Loan Eligibility ?

1
Home Loan Eligibility

• Eligibility is important Before applying Home
  loans

2
How to Increase Home Loan Eligibility ?

• The first step to buying your dream home is
  assessing if you can afford it with the loan
  amount. Home Loan Eligibility simply denotes the
  loan amount that you will get from the bank. Here
  are some fool proof methods to improve your home
  loan eligibility.
• Read more www.myfico.com/crediteducation/improvey
  ourscore.aspx

3
Increasing the Tenure

• One of the most primitive methods of increasing
  the home loan eligibility is by increasing the
  loan tenure. The eligibility will naturally come
  up owing to the fact that with higher tenure, the
  EMI will be more affordable for the borrower.

4
Improve your Credit Score

• Your repayment record and credit history can make
  or break your loan eligibility. An attractive
  CIBIL score will show that you are financially
  serious and hence, increase your eligibility.
• To improve your credit rating, make sure you pay
  the EMIs and credit card bills on time

5
Repaying Outstanding Loans

• If the applicant has an existing loan, his
  capacity of paying the EMI comes down
  substantially. Existing loans with over 12 unpaid
  instalments are taken into account while
  calculating the home loan eligibility. Prepaying
  the existing loans will ensure that the home loan
  eligibility is unaffected.

6
Combining the Incomes

• Combining the income of another family member
  like spouse or parent will increase the loan
  eligibility as the total income of the applicant
  also increases. Another option is to take a joint
  home loan.

7
Check your Home Loan Eligibility-BankBazaar

• If you are looking for home loan .First you
  should check your home loan eligibility
• Check your home loan Eligibility online _at_
• http//www.bankbazaar.com/home-loan-eligibility.ht
  ml

8
Contact us
Contact us
http//www.bankbazaar.com/home-loan.html
support_at_bankbazaar.com
91 44 66511800