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Home > Forum > Chennai > Investment Advice > What is the criteria for co borrower in home loan?

What is the criteria for co borrower in home loan?

Q: I want to take a joint home loan. Who can be a co borrower and what is the criteria?

criteria for co borrower in home loan
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A co-borrower is one who is liable to pay the loan amount.Joint home loans can be obtained by an applicant along with his/her spouse, parents or own siblings. He is not permitted to take the loan with any person. It is given to married couples or blood relatives such as parents and children.
Srinivas


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