Is also home financing protection 100% of the home well worth with a decent credit history ?

Is also home financing protection 100% of the home well worth with a decent credit history ?

  • Loan application saying the reason for the loan or any other info as required of the financial.
  • Tax Productivity as much as step 3 early in the day many years.
  • Lender statement from three to six months.
  • Name evidence and you may target proof.
  • Statement of every established debts.
  • Income slips out-of three to six weeks and you may a career page from inside the matter-of an effective salaried worker.
  • Instructions away from levels and you can taxation returns away from team in case out-of worry about-working or elite.
  • Passport proportions photographs
  • Specifics of assets – like assets place, builder, vendor, size of our house and you will precise location of the assets.

What the results are however, if a borrower defaults a couple of times towards the home loan ?

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