When it comes to purchasing a home, there are plenty of options you can consider to finance this purchase. Amongst the several options, the home loan is one of the most popular choices. Not only are there several lenders who offer home loan in India, but they also offer it at different competitive rates.
However, each lender will have different criteria for evaluating a loan application. These criteria determine your eligibility for a loan application. Here are a few factors that almost all lenders will consider: