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In any home loan application, the lending bank checks the applicant’s credit score to determine his/her creditworthiness. The bank reaches out to credit bureaus to know the applicant’s credit score. While there is no minimum credit score for home loans in India, a score of 750 or above is considered ideal for easy home loan approvals.
Here, we will discuss the ideal credit score for home loans in 2021 and how borrowers can work towards attaining an ideal credit score.
Here, we will discuss the ideal credit score for home loans in 2021 and how borrowers can work towards attaining an ideal credit score.