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Step by step procedure to get home loan

The different steps required to get a home loan. These steps are compulsory for getting a home loan.

Raulmanu
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Step by step procedure to get home loan

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  1. Step by step procedure to get h o m e l o a n APPLICATION The first step is filling the application with details like your name, phone number,etc DOCUMENTATION COLLECTION KYCdocuments – Passport, DrivingLicense, AadhaarCard, VoterIDCard (anyone) DOCUMENTATIO PROCESSING &VERIFICATION The lender will process and authenticate your documents. SANCTION LETTER You will receive a sanction letter after successful completion of all the above steps. SECURE FEE PAYMENT You have to pay a one-time secure fee after you sign the sanction letter. The lender may ask you to pay this fee at an earlier time as well LEGEL AND TECHNICAL CHECK The lender will perform a legal and technical check before disbursing your loan. LOAN AGREEMENT You will receive the final agreement after the lender has performed all their checks. LOAN DISBURSAL Finally, your home loan amount will be disburse as per the terms. Formoredetails, youmayvisitwww.bankofmaharashtra.in

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