To make your home loan journey a smooth sail, Here we help you to know eligibility criteria, rates of interest, process, necessary documents, and transfer for lowest rates.
Buying a home is exciting — and stressful. And although homeownership has a greater payoff than renting because you’re paying to own the home instead of just live in it, it can be difficult to get started with the home-buying process.
Homeownership increases sustainability and stability. Moving from rental to rental is a major inconvenience and a financial and emotional burden.
For finding home loans, click below to get started. We can find lenders who offer online home loans that fit within your budget and fulfill your needs.Apply for loan Compare Home Loans
Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.
Several banks offer loans for land purchase. Purchasing a land is a flexible option, the buyer can save funds and construct a house whenever his finances allow or just have the land as an investment.
The most popular type of home loan is the loan for purchase of a new or a pre-owned home. This loan is also commonly available and is offered by many banks in different variants. The interest rate is either floating or fixed.
A Home Construction Loan is essentially a short-term loan that is given to people who are constructing a building over an empty plot of land. These loans are unique in the sense that your entire loan amount is not disbursed in one go. Depending on the stage of construction, you place draw requests with your lender who then releases the required funds. You pay interest only on the money that you use and not on the total loan amount.
Renovation and repair works like external and internal repair, painting, construction of overhead water tank and electrical renovation certainly will make your house look better.
We at mybankmantra.com are delighted that you want to acquire your dream home. We want to help you to finance your home with our feature rich home loan financial product. Our home loan comes with numerous features that help you to minimize the cost of financing your home loan. Our lenders rates attractive, formalities minimal, loan process fast, repayment options several, EMIs under your control, disbursal quick, and our support timely.
Any salaried, self-employed or professional Public and Private companies, Government sector employees including Public Sector is eligible for a home loan.
Maximum age of applicant at loan maturity: 60 years
Minimum Net Monthly Income: Rs 15,000
Applicant should have the bank specified credit score.
We have published some of the FAQ's for general guidance, information and assistance of users.In case your unable to get your answers please write to us at firstname.lastname@example.org.
Various family members like father, mother, siblings, etc. can co-sign a home loan with you. other than that your spouse or adult children can also be co-signors in case you are applying for a home loan.
Yes, Part payment or Full payment of home loan is possible according to institution terms and conditions.
In case of a floating rate home loan, lenders don't charge a pre-payment penalty as per RBI directives however a penalty may be applied in case of prepayment a fixed-rate home loan.
Yes, We offer home loan refinancing /balance transfer as per applicant financial eligibility and property value.
As soon as you have decided for a dream home, you should apply for home loan. Meet the Bank / NBFC requirement and get the home loan.
KYC Documents - PAN card,Passport,driving license
Income proof - Income tax return,Salary slips, Appointment letter,
Current loans - Account statements of current loans
Property documents - Sale deed,Property plan
You can apply for a Home Loan at any time once you have decided to purchase or construct a property, even if you have not selected the property or the construction has not commenced.
Below is our Registered Office Address:
A-8, 1st Floor Priyadarshni Vihar,
Above AU small finance Bank,
Delhi - 110092
Email - email@example.com