Check an increase your home loan eligibility online check your loan eligibility at http://www.bankbazaar.com/home-loan-eligibility.html and increase your loan amount
2. How to Increase Home Loan Eligibility ?
The first step to buying your dream home is assessing if you can
afford it with the loan amount. Home Loan Eligibility simply denotes
the loan amount that you will get from the bank. Here are some fool
proof methods to improve your home loan eligibility.
Read more: www.myfico.com/crediteducation/improveyourscore.aspx
3. Increasing the Tenure
One of the most primitive methods of increasing the home loan
eligibility is by increasing the loan tenure. The eligibility will naturally
come up owing to the fact that with higher tenure, the EMI will be
more affordable for the borrower.
4. Improve your Credit Score
Your repayment record and credit history can make or break your
loan eligibility. An attractive CIBIL score will show that you are
financially serious and hence, increase your eligibility.
To improve your credit rating, make sure you pay the EMI’s and
credit card bills on time
5. Repaying Outstanding Loans
If the applicant has an existing loan, his capacity of paying the EMI
comes down substantially. Existing loans with over 12 unpaid
instalments are taken into account while calculating the home loan
eligibility. Prepaying the existing loans will ensure that the home loan
eligibility is unaffected.
6. Combining the Incomes
Combining the income of another family member like spouse or
parent will increase the loan eligibility as the total income of the
applicant also increases. Another option is to take a joint home
loan.
7. Check your Home Loan Eligibility-BankBazaar
If you are looking for home loan .First you should check your home
loan eligibility
Check your home loan Eligibility online @
http://www.bankbazaar.com/home-loan-eligibility.html
8. Contact us :Contact us
http://www.bankbazaar.com/home-loan.html
support@bankbazaar.com
+91 44 66511800