Home loan eligibility can also be considered an indicator of your home loan affordability while applying for a loan to look forward at the eligibility criteria. Here is the list of the 6 most significant factors considering before applying for a home loan.
- Stability of Income
- Credit History
- Profession
- Borrowing Capacity
- Age
- location
The above home loan eligibility criteria affects one’s loan taking capacity. So calculate home loan eligibility & factors keep in mind before applying for a loan. The below reference tutorial get an idea about How to check Home Loan Eligibility.
Article Reference: http://moneyminiblog.com/mortgage-home/check-home-loan-eligibility/
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