How to Get Home Loan Approved 04433044488 Non-Income Proof Customers

Income proof is one of the important document papers and factors to get your home loan approved. Any lender will ask for this important document to understand your incoming payment monthly and also your repayment capacity. What if you cannot prove your monthly income? This usually happens with the self employed or people who may take contracts. For such dealing there is no income proof as all this is done in payment. How can you go about getting a home loan in such conditions?

Your bank accounts will be big help here as your financial deposits assets and saving can be shown to the loan lenders. Your credit card is another trump card for you in such cases as your credit mini statement and credit card rating is a sure take to get your home loan approved. If you take contracts and pay your employees in payment then there will also not be any pay slips for this. Remember financial banks and lenders do not approve of hand written paper apy slips. You need to have a computer generated and signed pay slip. Here your bank accountant can give a letter, who takes care of your financial dealing in your business or any private chartered accountant can help. Any experienced chartered accountant can sign a verification document and approve of your income and expenditure by providing your income tax statements.

There are many lenders who are willing to offer loans without your income proof provided you can prove own of asset in form of property, investments like shares, gold, fixed deposits and insurance policies. You can also hire a financial banks or a finance company services who can help you to assess your financial capacity and position and then come up to a chalked out plan for getting your home loan approved. Remember if you have the dream of owning a home and repayment capacity you will get a home loan.

Cash Salary Loan & Non-Income Proof Customers Loan Apply 04433044488

When we go through the loan eligibility banks and home loan applications we find that the most important document required is a pay slips for the past few months. For any lender to approve your home loan they will need that you prove your monthly income and incoming money to assure the lender about your repayment capacity. Whatever if you are self employed and do not have pay slips. How will you prove your monthly salary without your pay slips?

There are many lenders who cater to people who are self employed or take private or government contacts and do not have the required documents in place. Here it is a fact that the loan lenders do understand that you earn a good figure but they are tied by rules and cannot accept your home loan application. You can get your agreement papers about the contract and here your past contract papers and completed assignments can be of help. Even if you are new in a company the bank will provide at least income proof of past 3 to 4 months. Your bank statements and bank accounts will be considered as proof.

In case you are employed in a small company or private company that provide your income in form of cash then you can request for a letter from your employer regarding the applying for as home loan. Your employer may give you a hand written slip which is not valid for application of home loan. Consider your bank statements for the past years and if they show a regular pay slips then this can be considered as salary proof. If you have been on job regularly and have a good history of work then also this can be sued for your benefit to get your home loan approved.

Your qualification will also be of importance as the lenders will see how much you will be able to earn monthly and whether you w ill be able repay the EMI amounts. Go in for a realistic home purchase and apply for a realistic amount as loan, and it will get approved. And remember having no salary slips does not in any way hinder your loan application and approval and there are finance companies willing to offer  loans for this list of people at the same low interest rates.