Check Home Loan Eligibility
Check Home Loan Eligibility
Home loan eligibility criteria is a common parameter used by lenders to determine the eligibility of the applicant. However, there might be also specific criteria that are applicable for each lender according to their requirements.
Understanding the criteria that is required to be eligible for a cheack home loan eligibility helps to ensure that the process of application becomes easier and smoother for you.
Eligibility criteria for Home Loan
Age 18 - 70 years
Income Rs. 25,000
Credit Score Above 750
Employment Status Salaried or Non-Salaried
Work Experience 2 Years
Loan Amount Decided by the lender
Residence Type Permanent resident or Non-resident Indian (NRI)
LTV Ratio Up to 90%
Property Type Completed /Under Construction Project, Land/Plot, build on own Land, Buy Land and Build Home
How to check home loan eligibility with Financeseva?
Use the home loan eligibility calculator to check whether you are eligible for a home loan or not. You can probably make the best use of the eligibility calculator customized for a home loan, compare and choose the best with the help of the home loan eligibility calculator available on Financeseva.
The process is simple and requires only basic details from your side. The step-by-step procedure to check your eligibility via Financeseva is mentioned below:
- Visit Financeseva Home Loan Eligiblity
- Choose your type of employment from the options that are provided.
- Enter your gross fixed monthly income and click on ‘Continue’ on the next slide.
- Enter the PIN code of your current residential address.
- On the next slide, choose the purpose of your home loan.
- Enter your mobile phone number.
- Check the box to authorise contact permissions.
- Enter your full name, date of birth, and email ID in the designated fields and click on ‘Continue’.
- Enter the OTP sent to your mobile phone number and click on the ‘Submit’ button.
