Buying a home is every individual’s dream. Through home loans, you can make this dream come true. However, the process of applying for a home loan can be a challenge for most, and this is where we at Get Set loans can help you!
When you take out a loan to buy a house or to construct a home or to renovate your existing property, there are several things that a bank (lender) considers such as the total home loan amount, repayment period, your current salary, etc. Based on the loan amount, the interest rate is set with monthly payments, & the payment term can be up to 30 years.
As a financial solution provider, our experienced home loan agents can guide you through the entire process, ensuring you get the best deal available in the market, at the lowest interest rate possible.
Eligibility For Home Loan
- The applicant should be an India citizen.
- The Applicant should be residing at the current place of residence for a minimum of 3 years.
- Salaried employees should have at least 3 years of work experience with the current employer.
- They should have Form-16 issued by the current employer.
- Self-employed applicants should be in the business for at least 3 years.
Home Loan for Salaried Individuals (Documents Required)
- Proof of identity (PAN Card) of residence Applicant & Co-Applicant.
- Proof of address (Aadhaar Card or Passport) of residence Applicant & Co-Applicant.
- Latest salary slips.
- Form-16 issued by the current employer.
- Bank statements for the last six months.
- Photo of Applicant & Co-Applicant.
Home Loan for Self-employed Professionals (Documents Required)
- Proof of identity (PAN Card) of residence Applicant & Co-Applicant.
- Proof of address (Aadhaar Card or Passport) of residence Applicant & Co-Applicant.
- Business and Office Proof.
- Education Credential: degrees, diplomas, certificates, etc.
- Bank statements for last year.
- Photo of Applicant & Co-Applicant.
- lT Returns of three years preceding the one in which loan is applied for.
Home Loan for Self-employed Business (Documents Required)
- Proof of identity (PAN Card) of residence Applicant & Co-Applicant.
- Proof of address (Aadhaar Card or Passport) of residence Applicant & Co-Applicant.
- Business and Office Proof.
- Proof of the existence of business.
- Detailed business profile.
- Profit & loss sheet and balance sheets of the company for the last three years.
- Photo of Applicant & Co-Applicant.