Many of us would want to take a home loan at some point of time. Here are some of the steps you should consider before you take a home loan.
1.Know you eligibility- Usually, loan is sanctioned based on your credit value and the property value
2.Check your CIBIL Score-Credit Information Bureau of India Limited provides credit rating on a scale of 300 to 900
3.Interest Rate-Check with the interest rate and type of interest rate applicable.
4.Loan Tenure- Consider the loan tenure carefully
5.Read the documents- Read the policies of the firm carefully.
Do add your suggestions if you feel necessary
1.Know you eligibility- Usually, loan is sanctioned based on your credit value and the property value
2.Check your CIBIL Score-Credit Information Bureau of India Limited provides credit rating on a scale of 300 to 900
3.Interest Rate-Check with the interest rate and type of interest rate applicable.
4.Loan Tenure- Consider the loan tenure carefully
5.Read the documents- Read the policies of the firm carefully.
Do add your suggestions if you feel necessary