Housing Loans

It often happens that an individual needs to take a loan in order to meet their financial requirements. Instead of taking a personal loan it is best to make use of all that you have and get a loan against it. One such popular kind of loan is the Housing Loan. The best feature about this loan is that the loan will be offered against the securing of your house. This loan is issue on the condition that in case you fail to repay the loan the bank will take possession of your house.

In the world of finance, Housing Loan is quite popular. And our team of professionals makes sure that when you take services from Nostra Wealth your entire experience with us should be performance oriented and completely hassle free. We work constantly so that we are able to get the best deals against your house. The following guidelines will help to answer most of your queries regarding this loan.

Eligibility Factors:

One of the most important factors is the individual's capacity of paying back the loan. Once the bank is sure of the individual's repayment capacity they consider certain other factors before the loan is issued:

• Income
• Qualifications
• Age
• Spouse's income

• No. of dependants
• Stability and continuity of occupation
• Assets/Liabilities
• Savings history

Documents required in Home Loan

• Age Proof
• Address Proof
• Income Proof of the applicant & co-applicant

• Last 6 months bank A/C statement
• Passport size photograph of the applicant & co-applicant