Home Loan: Process: Overview

There are several steps in the home loan process. Here are the steps in brief:

  • Application form
  • Personal Discussion - Interest Rate, Eligibility, EMI
  • Bank's Field Investigation
  • Credit appraisal by the bank and loan sanction
  • Offer Letter
  • Submission of legal documents & legal check
  • Technical / Valuation check
  • Valuation
  • Registration of property documents
  • Signing of agreements and submitting post-dated cheques
  • Disbursement

Home Loan: Process: Basics

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Get Home Loan Offers
A maximum of 5 providers will compete to give you the best rates (Feb 2012)
Home Loans of over Rs. 3,588.72 crores applied for in 2012 (Last Updated on 4 Feb 2012 10:17 AM)
Loan Details

 

 

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Preferred Banks
  •  Best 5
  •  SBI
  •  ICICI BANK
  •  HDFC
  •  AXIS BANK
  •  LIC HOUSING FINANCE
  •  KOTAK BANK
  •  FIRST BLUE
  •  INDIABULLS
  •  HSBC
  •  CITIBANK
  •  DHFL
Personal Details

 

 

 

 

 

 

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Home Loan: Process: What they say

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Decision-making Corner

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