Kapoor
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Home loan guarantor
Q: I have applied for a home loan in LIC. They asking for a guarantor. My friend is ready to sign as guarantor. But, what happens to a guarantor when I transfer loan to a different bank in future? Whether my guarantor will be released?

Latest Answer: That clears my doubt. Thank you very much Rakesh.

Home Loan Eligibility Being An Employee Of Newly Established Company
Q: I have blocked a flat in bangalore. I am an employee in a newly established engineering service firm. The company is established just before 6 months. Will I be eligible to get home loan? Please let me know soon since I am planning for sale agreement in couple of days.

Latest Answer: Hi Kapoor, First you have to check whether you company is registered for home loan or not. If yes then you can easily take home loan otherwise if the company is not registered for then it will be difficult for you to get a home loan.

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