HOME LOAN
Link For Loans offers a comprehensive range of home loan solutions tailored to meet your specific needs. Whether you’re looking to purchase a new or pre-owned home, construct a dream abode, renovate your existing property, or consolidate your existing home loans, Link For Loans has the right financing option for you. With competitive interest rates, flexible repayment terms, and streamlined loan processing, Link For Loans makes it easy to achieve your homeownership goals.
To secure a Home Loan and make your dream of owning a home a reality, it is essential to meet certain eligibility criteria. Lenders in India consider several factors when determining your eligibility for a Home Loan.
Here’s a detailed overview of the loan eligibility criteria:
Eligibility Criteria | Requirement |
|---|---|
Age | 20 to 65 years for salaried individuals and 21 to 70 years for self-employed individuals |
Income | Minimum salary of Rs 25,000 |
Employment Stability | Self-employed: Stable business track record |
Credit Score | A good credit score of 700 and above |
Nationality | Indian |
Ensure you fulfil the eligibility criteria and have all the necessary documents when applying for a Home Loan. This will streamline the loan application process and enhance your chances of securing the loan for your dream home.
- A duly-filled loan application form
- Three passport size photographs of the applicant
- A government issued photo identity proof (Voter ID, passport, driving license, etc.)
- Proof of residence (telephone bills or electricity bills would suffice)
- For non-salaried applicants, proof of business is required
- Bank statement for the past six months.
- Statement of personal liabilities.
- Personal assets statement.
- Signature identification from the present banking institution.
- Documents required for the guarantor
- Statement for personal assets and liabilities
- Two passport size photographs.
- Identity proof (Voter ID, passport, driving license, etc.)
- Proof of the current and permanent residence.
- Address of the firm, in case the guarantor is self employed.
- Signature identification from the present banking institution.
- Documents Required For Guarantor (Wherever Required):
- Needed Statement of Your Personal Assets and Liabilities.
- 2 passport size photocopies.
- Proof of identification as above.
- Proof of residence as above.
- Proof of business address as above.
- Signature identification from his/her present bankers.
- Additional Documents Required for Salaried Home Loan Applicants
- Salary certificate from the current employer (original)
- TDS certificate or Form 16 or copies of tax returns for last 2 years.
- Additional Documents Required for Self-Employed Home Loan Applicants
- Copies of IT returns for the last three years or assessment orders.
- Copies of challans as a proof of Advance Income Tax payment
Home Construction Loan
Build your dream home with Link For Loans.
Link For Loans offers competitive interest rates and flexible repayment terms for home construction loans. Disbursements are made in installments linked to construction progress, ensuring timely funding. Minimal documentation and quick loan approval make the process hassle-free. Build your dream home with confidence and financial security.
Key Features of Home Construction Loan
- Competitive interest rates
- Flexible repayment terms
- Disbursement in installments linked to construction progress
- Minimal documentation
- Quick loan approval
Home Purchase Loan
Own your dream home with Link For Loans.
Link For Loans provides competitive interest rates and flexible repayment terms for home purchase loans. Whether you’re buying a new or resale property, Link For Loans has you covered. Minimal documentation and quick loan approval make the process efficient. Own your dream home with ease and affordability.
Key Features of Home Purchase Loan
- Competitive interest rates
- Flexible repayment terms
- Minimal Documentation: Simplify the loan application process with minimal documentation requirements.
- Quick loan approval
- Can be used for new or resale homes
Home Extension Loan
Expand your living space with Link For Loans.
Link For Loans offers competitive interest rates and flexible repayment terms for home extension loans. Whether you’re adding rooms, floors, or other extensions, Link For Loans can help. Minimal documentation and quick loan approval make the process convenient. Expand your living space and enhance your home’s value with Link For Loans.
Key Features of Home Extension Loan
- Lower interest rates
- Quick Loan Approval
- Simplified application process
- Can be used for adding rooms, floors, or other extensions
Home Renovation Loan
Renovate your home with Link For Loans.
Link For Loans provides competitive interest rates and flexible repayment terms for home renovation loans. Whether you’re repairing, upgrading, or remodeling, Link For Loans can assist. Minimal documentation and quick loan approval make the process efficient. Renovate your home and create your ideal Living space with Link For Loans.
Key Features of Home Renovation Loan
- Quick disbursal
- Flexible repayment terms
- Minimal documentation
- Competitive interest rates
- Can be used for repairs, upgrades, or remodeling
Home Loan Balance Transfer
Save on your home loan with Link For Loans
Link For Loans offers competitive interest rates and reduced monthly payments for home loan balance transfers. Consolidate your debts and potentially save on interest with Link For Loans. Minimal documentation and quick loan approval make the process seamless. Save money on your home loan and enjoy peace of mind.
Key Features of Home Loan Balance Transfer
- Reduced monthly payments
- Extended loan tenure
- Minimal documentation
- Competitive interest rates
- No prepayment penalties
- Reduced monthly payments
Home Loan Balance Transfer Top-Up
Get extra funds for your home with Link For Loans
Link For Loans provides competitive interest rates and flexible repayment terms for home loan balance transfer top-ups. Get additional funds for home improvements, renovations, or other needs. Minimal documentation and quick loan approval make the process convenient. Expand your home’s value and create your ideal living space with Link For Loans.
Key Features of Home Loan Balance Transfer Top-Up
- Consolidated debt
- Lower interest rates
- Reduced monthly payments
- Competitive interest rates
- No prepayment penalties