Prefinn ensures you find the right home loan by analyzing offers from multiple lenders based on your financial profile and needs. Loan amount sanctioned by banks and HFCs varies between 75% to 90% of the property price, depending on the applicant's financial stability and credit score.
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The required property documents for a home loan can vary depending on the purpose of the loan. For instance, the documentation needed to purchase a new house might differ from what’s required for constructing a home. For a detailed list of documents required for a home loan, it’s best to consult with your lender.
The best home loan depends on various factors like interest rates, processing fees, and customer service. Compare multiple banks and financial institutions to find the most suitable option.
Most lenders finance up to 80-90% of the property value. You may need to arrange the remaining amount as a down payment.
The maximum loan amount depends on factors like your income, credit score, repayment capacity, and the lender's policies.