To apply for a home loan, you need to understand your eligibility, the types of loans available, get pre-approval for the amount needed and analyze total costs including insurance. You should also understand how EMIs work, choose the right loan tenure, gather required documents, and take out insurance.
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9 must know things before you apply for a home loan
1. 9 Must Know Things Before
You Apply for a Home Loan
2. 1.Eligibility criteria
2.Types of home loans available
3.Get a pre-approval home loan
4.Know how much loan amount you need
5.Analyses the total cost of your home loan
6.Understand the EMI pre EMI concept
7.Opt for the right tenure of the Loan
8.Know the documentation requirement
9.Take insurance cover