A Home Loan is a sum of money borrowed from a bank of non-banking financial institution to purchase a house. A Home Loan is taken either for buying a house / flat; a plot of land for construction of a house; or renovation / modification of an existing house.
The property to be purchased is mortgaged to the lending bank / NBFC as a security till the repayment of the loan.
The Interest Rates for Home Loan can be fixed or floating depending on the need of the borrower.

Any individual between the age-group of 24 to 65 years (in case of self-employees) and 60 years (in case of salaried employees). A salaried Employee is eligible for a Home Loan as long as his Repayment Capability can be established by the lending Bank / NBFC.Individuals
1 Salaried Individuals: an Individual who is in permanent service in any Government Establishment or any reputed private sector company in India. A Home Loan can also be availed by a NRI – Non Resident Indian working with any reputed Company.
2 Professionals: individuals practising following such professions – Doctors, Lawyers, Architects, Chartered Accountants, Company Secretariat, Management Consultants.
3 Self Employed: Individuals like traders, shop-keepers, distributors, manufacturers, service providers etc.
Non-Individual Entities:
Proprietorship firms, Partnership firms, Private Limited Companies, LLP, Public Limited Companies
How we can help you:
• As Loan Consultants; we work with multiple Banks / Non-Banking Financial Institutions. We understand the industry; the LTV (Loan to Value) and eligibility criteria of all lending institutes; we can offer our services to enable the clients make uniformed decisions for their Mortgage loans.
• Documentation:
A bank needs correct documentation; and sometimes documentation varies from bank to bank. We take care of all documentation on the client’s behalf; we arrange documents as per the requirement and we also ensure that the Form is duly filled as per the expectation of the lending institute. Clients can benefit by not stressing out on the documentation and relying on us to get the paperwork sorted.
Loan Amount: amount can range from ₹ 2 Lakh to ₹ 15 Cr.
Interest Rates: Home loan Interest Rates start from 7.90%. Special rates for women borrowers.
Processing Fee: Up to 0.5% of loan amount or Maximum Rs. 10,000, whichever is higher.
Tenure: the loan tenure can be from 5 years to 30 years
Loan to Property Value Ratio: the LTV can vary from 65% to 90%.