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Avoid Rejection of Home Loan application

Six Reasons Why Your Home Loan Application Can be Rejected

Majority of us do not take our loan application seriously, especially if we are salaried employees with a decent monthly income. However, lenders today are extremely cautious and a stringent procedure is followed by all banks before a loan is approved and credit is disbursed by them, thanks to a 320.50 per cent increase in […]

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Defaulting home loan affects to guarantor credit history

Scorecard: Your Home loan eligibility depends on your credit scorecard

Banks consider your scorecard or track record data from the credit bureau before granting you a home loan. Seeking a loan has become quite a precise task as there are few mandatory aspects to be considered while planning to seek a loan. Before granting a loan, the bank does a thorough check on all the […]

How To Avoid Rejection of Home Loan application

Earlier getting a home a loan was easier as the lending companies or banks were competing with each other to attract maximum borrowers through attractive schemes such as teaser home loans. But now Reserve Bank of India (RBI) announced a series of monetary measures that tightened the norms for home loans. The RBI also sought to discourage […]

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