How Increase Home Loan Eligibility ? - PowerPoint PPT Presentation

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How Increase Home Loan Eligibility ?

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Check and calculate your home loan eligibility online and increase amount ,tips to increase loan eligibility – PowerPoint PPT presentation

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Title: 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
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