1 / 7

HOME LOAN APPLICATION REJECTED KNOW THE REASONS

Buying a house is much more than just selecting the right property. It is likely to be the biggest financial transaction of oneu2019s life. When you apply for a home loan and sadly, if it gets rejected you need to know the reasons. Stop applying after a loan rejection. That is the worst one can do. Since your home loan is rejected, there is something that is not right in your application. It can be due to various reasons and situations that can reject your loan straight away. https://www.clix.capital/home-loan/

homeloan
Download Presentation

HOME LOAN APPLICATION REJECTED KNOW THE REASONS

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. HOME LOAN APPLICATION REJECTED? KNOW THE REASONS

  2. The Basics of Home Loan • Buying a house is much more than just selecting the right property. It is likely to be the biggest financial transaction of one’s life. When you apply for a home loan and sadly, if it gets rejected you need to know the reasons. Stop applying after a loan rejection. That is the worst one can do. Since your home loan is rejected, there is something that is not right in your application. It can be due to various reasons and situations that can reject your loan straight away. Get up, and start finding the reason and start working so that this is the last rejection of your life.

  3. Reasons for home loan rejection • Loss of documents. If you are not being able to produce all the documents before your loan provider, you will get your loan rejected. Without transparency, the loan will not get approved under any circumstances. Make sure you keep your documents on track.

  4. Credit score • A bad credit score. A credit score is the most important thing that decides your loan response. It takes into account all the past debt records, transactions, records, and payments to consider a score. This score is completely dependent on the financial behavior that you have done for the years. If your credit score is not as good as expected, it means you have not worked financially well. This will give you a negative response and you will attain a loan rejection. Make sure you take the right step now.

  5. Income • A low income is the main reason for rejection as an online home loan is a valuable loan. The amount involved is high and one needs to manage the EMI along with all other expenses from the income. Increase your income so that the chances of approval increase. Rejection happens when a loan provider finds out that your income is not at peace with your expenses and EMI.

  6. Clix Capital Services Private Limited • Address: 4th Floor, Kailash Building, Kasturba Gandhi Marg, Connaught Place, New Delhi-110001 • Call us: 1800 200 9898 • Email us: hello@clix.capital • Website: www.clix.capital

More Related