Home Loans

Home Loans

Home Loans In Coimbatore: Home Loans acquired from a Financial Institution to purchase a Home. Home Loan consist of an Adjustable or Fixed Interest Rate and Payment Terms. Home loan may also be referred to as Mortgage Loans.The dream to own a house, one that you can call your own, is irrepressible. Home loan have been instrumental in transforming that dream into a reality, for many. However, before you apply for and get a home loan, it is important that you acquaint yourself with a glossary of a few typical terms associated with such a loan.

We Create a Space of your own with Sure Solutions Home Loan. Our Loans are tailor made for Salaried Individuals and Self-Employed at attractive rate of interest and longer tenure. We also provide you with legal and technical counselling to help you make the right home buying decision. When you wish to purchase a house, applying for a home loan can help you to a great extent. It provides you the financial support and helps you buy the house for yourself and your loved ones. These loan generally come with longer tenures (20 years to 30 years).Home loans are primarily taken for buying new homes. However, these loan can also be used for home renovations, home extensions, purchasing land property, under-construction houses, etc.

Things to keep in mind before applying for a home loan

???Maintain a good credit score, by repaying all existing loans on time. Maintaining enough money in the bank account and a stable income stream, for getting a loan easily. Loans taken towards or after retirement or those taken very early on in your career, take longer to process than loans taken between the ages of 30-50 years. So, buy your home at an early age.??? The credit score of an individual can reveal the repayment capacity of the borrower and is used by financial institutions, to understand if the borrower can be lent the amount requested.

Documents Required for Home Loan
For Salaried Customers

• ???ID Proof & Address proof.
• ???Date of Birth Proof & Signature Proof.
• ???1 Passport size Photograph.
• ???3 Months Pay-slip and Last 2 Years form 16.
• ???2 Years Job Stability Proof required if current Job is more than 1 year else 3 years Job Stability Proof required.
• ???Last 6 months Bank Statement from Salary A/c.
• ???Relationship Proof if taken Co-Applicant.
• ???Existing Loan details with Bank Statement where the EMI is getting cleared.
• ???Current Company & Last Company Appointment Letter and Relieving Letter.
• ???Mother Documents.
• ???Land Documents from Parent Document.
• ???EC from 1987 to till Date.
• ???Building approval Plan/ Lay out approval.
• ???Property Tax Receipt from Date of Purchase.
• ???Water Receipt latest.
• ???EB Receipt latest.

For Self Employed Customers

• ???Business profile in company letter head
• ???ID Proof & Address proof.
• ???Date of Birth Proof & Signature Proof.
• ???1 Passport size Photograph.
• ???Registration certificate / VAT Certificate / Shop establishment certificate.
• ???Last 3 years ITR with P&L, Balance sheet and Audited financials.
• ???Last 3 years business stability proof.
• ???Last 6 months Bank Statement from Salary A/c.
• ???Relationship Proof if taken Co-Applicant.
• ???Existing Loan details with Bank Statement where the EMI is getting cleared.
• ???Initial Processing Fee Cheque in favor of ??????????????? Service Charges??? and balance at the time of disbursement.

• ???In case of Stake holding Director: a) List of Directors b) Latest share holding pattern c) Copy of MOA & AOA d) Certificate of incorporation e) Financials of the company.
• ???In Case applicant is Partner a) Copy of registered partnership deed b)LOA signed by all partners, c) Financials of the Farm.
• ???Mother Documents.
• ???Latest land owner documents.
• ???EC from 1987 to till Date.
• ???Building approval plan/ Lay out approval.
• ???Property tax receipt from date of purchase.
• ???Water Receipt latest.
• ???EB receipt latest.

Benefit’s of Home Loan

Want a home for yourself and your family? Why pay rent, you can instead apply for a home loan which can secure a place for you. The home loan is a service product offered by banks and NBFC to help to cherish your dream to have a home or place for yourself. The Home loan can be used in buying the new property, construction of houses, the extension of your house or renovation of home etc. The interest rate of the home loan is relatively lower than other loan products as it is the secured loan. The repayment tenure of the home loan is long and maximum time period is 30 years which give you the option to pay low-EMI and come with instant approval facility. The Home loan considers your house as collateral against the loan applied. You can also apply it along with your parent or spouse as co-applicant to share the burden of EMI and increase your eligibility of the loan amount. You can also avail the benefits of interest savings available for faster repayment, or withdrawal towards your home loan.

• Easy pre-approved Home loan
• Home loan balance transfer to transfer the ongoing home loan to another bank that offers a lower EMI
• Home loan insurance
• Flexible rate to choose from floating or fixed. But in case of fixed rate you need to pay the same interest rate throughout the tenure.
• Transparent and quick processing

We are the one-stop-shop for all your Home loan related needs

We provide you with a variety of??Home loans??and related products (Loan against property, Commercial loans, plot loans, NRI Home loan etc.) from a wide array of banks, for you to choose from

We provide consulting services to help you make the Best Home loan and related product choice, based on your income levels and your needs.

Once you have made the choice, our best experts provide customized service to help your chosen bank and complete the documentation in the most hassle-free way as possible as we can.

Sure Solutions??are??Best Home loan Dealers??And They gives you the freedom to live life on your own terms. Whether you are a self-employed individual or salaried, our easy-to-apply home loan at competitive interest rates are ideal if you’re looking to purchase a home, construct your own house or even expand your existing home.

Here are 9 reasons why owning a home is more adavntageous than on rent

• No Landlord hassles
• No emotional security
• Nouncertainity
• No compromise
• Easy financing option
• Tax benefits of home loan
• Building your own asset
• Home as in investment
• confirming to social norms

Home is where the heart is!

Go ahead, pick the home loan with Sure Solutions that fulfills all your requirements today!