You are here: Home » PF » News » Loans
Insurer must prove fraudulent claim
Take note, spenders: Refinance your loans, find ways to curb expenses
Business Standard

Other income, mortgage guarantee can help you increase loan eligibility

Showing other income, and buying mortgage guarantee will help get approval

Topics
Home Loan | e-home loan | mortgage

Sanjay Kumar Singh 



Many applicants have seen job losses, pay cuts, and deferments. Lenders fear that if they lend without due diligence, many of these loans may turn bad
Many applicants have seen job losses, pay cuts, and deferments. Lenders fear that if they lend without due diligence, many of these loans may turn bad

In recent days, lenders are applying more stringent standards while approving home . For sanctioned before the lockdown, they are asking for income-related documents again and re-evaluating applications. In some cases, the loan amount is being pared.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, June 18 2020. 02:28 IST

RECOMMENDED FOR YOU

.