ranjit ranaHi Irin! To know if or not you are eligible for a home loan, you will have to visit the bank branch from where you are planning to apply for a home loan. You should also carry along with you complete property papers, id proofs, income proof, proof of extra income if any, spouse's income proof if any. Another factor that will affect whether or not you will get a home loan is your past relationship with the bank along with your credit score.
DheerajHi Vikas, banks follow a certain criteria on which they provide home loan to co-applicants provided that both of them should be the co-owner. You and your sibling [i.e. your brother] can be co-applicants if you both stay in the same property. Also, the most important thing here is that both should be the co-owner for which they are applying for home-loan. A brother-sister cannot apply for home-loan. Similarly, two sisters cannot be the co-applicants. Yes, you can also claim tax rebate under Section 80-C and Section 24 of Income Tax Act.
Linda ChristianDo you need an urgent loan or any other financial assistance? We offer all type of loan at [2%] interest rate. email us for more information via our email address: @.
Joan Finance Firm
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