A home loan proves to be very helpful in affording a dream home. However, there is a whole process that lenders have in place for applicants looking to apply for housing loan plans. This is why it is so important to be aware of the home loan eligibility criteria, which can differ from lender to lender. 5 common factors that lenders take into account while determining an applicant’s home loan eligibility: Income The income of an applicant will have a major influence on the number of financial lenders agreeing to…
Read MoreHow does a lender calculate your home loan eligibility based on your income – Explained!
