Best Housing Finance Company to Get Home Loan in 2022
Posted by Sarita Yadav on July 13th, 2022
Shubham offers its customers some of the most attractive home loan programs. Get a maximum loan of up to 50 lakhs for a loan term of 20 years with interest rates starting at 11%. Find out which loan best suits your needs and study the details before applying for a Shubham home loans.
If you want to take out a home loan or loan against property for home construction, the applicant must meet the following requirements:
What documents are required?
In addition to Know Your Customer (KYC) documents and income, to build a house on a property you own, you must provide a lender with documents proving ownership of your property. This property can also be the property or property granted by the building authority. You can also get a loan against a property. However, the lease agreement must be made for a longer period of time. You must also submit a permit certificate for the property.
In addition to property documents, plans and plans for the planned house must be submitted. You must also submit an estimate of the value of the building certified by the architect or structural engineer. Based on these documents, if the lender is satisfied with your solvency and the fees presented, they will approve your home loan on terms.
Lenders can rely on the certificates and photos you provide, or outsource verification to one of their technicians. So, if construction is completed quickly, the lender will pay off the money faster.
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About the AuthorSarita Yadav
Joined: August 25th, 2020
Articles Posted: 52
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