Ishika M
Q: How do i make sure that i will get the home loan. what are the important documents required by the bank?
My replies to this discussion
Before applying for a Home loan make sure you check your credit score as you need to have a minimum of 750 as your score. In case if its between 650-750 the chances of you getting loan are still there but the ROI may increase. Doc Completed loan application 3 Passport size photographs Proof of identify (photo copies of Voters ID card/ Passport/ Driving licence/ IT PAN card) Proof of residence (photo copies of recent Telephone Bills/ Electricity Bill/ Property tax receipt/ Passport/ Voters ID card) Proof of business address for non-salaried individuals Statement of Bank Account/ Pass Book for last six months Signature identification from present bankers Personal Assets and Liabilities statement Visit the below link too know few things before applying for a loan http://blog.creditsudhaar.com/2015/12/04/4-things-to-check-before-applying-for-a-home-loan/Before applying for a Home loan make sure you check your credit score as you need to have a minimum of 750 as your score. In case if its between 650-750 the chances of you getting loan are still there but the ROI may increase. Doc Completed loan application 3 Passport size photographs Proof of identify (photo copies of Voters ID card/ Passport/ Driving licence/ IT PAN card) Proof of residence (photo copies of recent Telephone Bills/ Electricity Bill/ Property tax receipt/ Passport/ Voters ID card) Proof of business address for non-salaried individuals Statement of Bank Account/ Pass Book for last six months Signature identification from present bankers Personal Assets and Liabilities statement Visit the below link too know few things before applying for a loan http://blog.creditsudhaar.com/2015/12/04/4-things-to-check-before-applying-for-a-home-loan/
Q: how to increase my credits so that i can post more property for sale and rent?
My replies to this discussion
I didn't get your question. What Credit are you referring to? Is it your credit score?I didn't get your question. What Credit are you referring to? Is it your credit score?
Q: Can anybody tell me is having loan good for my credit score? What can i do to get a good credit history?

My replies to this discussion
Definitely having a loan is good to build up your credit history. Make sure you that all the repayments are done on timely basis and there shouldnt be a single default. You can also build your credit history by applying for a credit card as it's considered as a revolving credit. You can use the credit limit upto 30% and make payments on a regular basis. To know how you can built your credit fast visit http://www.yourcreditscorebook.com/blog/build-your-credit-score-fast/Definitely having a loan is good to build up your credit history. Make sure you that all the repayments are done on timely basis and there shouldnt be a single default. You can also build your credit history by applying for a credit card as it's considered as a revolving credit. You can use the credit limit upto 30% and make payments on a regular basis. To know how you can built your credit fast visit http://www.yourcreditscorebook.com/blog/build-your-credit-score-fast/
Q: I have less cibil score can any one tell me which bank provide loan for less score . Any idea on minimum cibil score for corporation bank, ICICI bank, HDFC bank.

My replies to this discussion
Whenever you decide to apply for a loan, you need to check your current CIBIL score as it keeps on changing. If you have been using credit card or repaying on any past loan for last 6 months regulary there are chances that your score might have increased. Also, would like to know why your score is so low. Was there any delayed payments done on any accounts?Whenever you decide to apply for a loan, you need to check your current CIBIL score as it keeps on changing. If you have been using credit card or repaying on any past loan for last 6 months regulary there are chances that your score might have increased. Also, would like to know why your score is so low. Was there any delayed payments done on any accounts?
Q: Hello, We are in process of raising money for our business and need funds. We were thinking of getting loan against property for this purpose. We have piece of land in Ahmedabad and Chennai. Do you think we can get loan keeping piece of land as mortgage? Can we can have one single loan application by merging values of both the properties? Thanks Nishant

My replies to this discussion
Definitely you can avail a loan against multiple property but the loan amount will get sanctioned depending on your repayment capacity for which they will review your business planDefinitely you can avail a loan against multiple property but the loan amount will get sanctioned depending on your repayment capacity for which they will review your business plan
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