How to Apply For Mortgage Loan Against Property 04433044488 Home Loans

Mortgage Loan in Chennai

First of all you have to approach your nearest Bank and show them whatever property documents you have with you along with your proposal. Remember, the property should be approved by local Urban Development Authority and should be in a layout. Then only any bank can consider for application.

                                      

After submitting the application which was collected at nearest Bank, you need to fill and enclose all the property documents (Property Documents includes - Title Deed, Adangal or Pahani, Encumbrance Certificate, link Documents, Local Urban Development Authority approvals, Layout plan), KYC (Address Proof, ID proof) of the applicant and co-applicant.

Once you submit the documents, you will have lot of queries to answer and submit any supporting documents to that effect on your property or self. Then they process and sanction the loan a maximum of 50-70% of the property market value. If you agree for the amount they propose to give a loan with 13% - 15% Rate of Interest for a maximum period of 7 years to repay the loan, then they will process again for sanction (meanwhile, you need to have Lawyer Opinion, Technical Valuation by the Banks empanelled Engineer to be submitted either by you or sometimes bank can do this), sanctioned documents to be executed along with Stamp Duty challan of 1% of the loan value to be remitted at sub-registrar office.

Home loans & Mortgage Loan ( Land Purchase Loan, Plot Purchase Loan, Site construction Loan, Land for Plot Purchase & Construction, Flat Purchase Loan, Loan Against Property ). We are providing 100% Loan Guarantee Apply 04433044488 With Instant Approval Nationalized Bank. Loan against property with benefits like lower interest rates & EMI payment. Apply online now to get a loan. We are Profession All Kind Of Loans Provider For Affordable Home Loan & Housing Loan. Get more information Call @ 9840136583