Home/Mortgage Loan
Global Fincorp offers Loan Against Property to Salaried or Self Employed resident individuals in order to meet immediate cash requirements. Flexible and quick loan options.
Features & Benefits For Home/Mortgage Loan
Loan starting from Rs.35 Lakhs
Attractive Interest Rate
Paperless Application Process
Quick & Fast Disbursal
Documents Required
Home/Mortgage Loan Eligibility
Age between 21 to 60 years**
Salaried or Self-Employed
Minimum Salary ₹30K/Turnover 1Cr+
750 or above Credit Score
Resident Indian - Nationality
Property Need To Be Approved by JDA/RHB/RICCO
**Please note that these are just the basic eligibility criteria. Actual eligibility will be determined based on several parameters including Global Fincorp’s policy at the time of loan application.
Home/Mortgage Loan FAQ's
A Home/mortgage loan is a type of loan specifically used to purchase real estate, where the property itself serves as collateral for the loan.
When you take out a Home/mortgage loan, you borrow a specific amount of money from a lender to purchase a home. You agree to repay the loan over a set period of time, usually with monthly payments that include principal and interest.
There are several types of Home/mortgage loans available, including fixed-rate mortgages, adjustable-rate mortgages (ARMs), and many more. Each type of loan has its own terms and eligibility requirements.
Eligibility for a Home/mortgage loan is typically determined based on factors such as your income, credit score, debt-to-income ratio, employment history, down payment amount, and the type of property you're purchasing.
The amount you can borrow for a Home/mortgage loan depends on various factors, including your income, creditworthiness, and the lender's criteria. Generally, lenders use formulas to determine the maximum loan amount you qualify for based on your income and debt obligations.