Bangalore: As an employee, we all dream of owning a dream house. Still, achieving this dream becomes a nightmare when our home loans don’t get sanctioned. So, it is up to us to us to take constructive measures to secure a home loan for us. Investment Mantra highlights the must do’s to secure a successful home loan -

1. Improve Your Credit Score

Be it for a home loan or any other one, having a good credit score is mandatory for all loan applicants. If your credit score is not good enough, no bank will sanction the loan. So, follow a few simple steps to improve your credit score. Timely payment of all credit card dues is first on the list. Make sure that all dues are paid in totality. If you are planning to purchase a big house, then the loan amount will be bigger to. So, start using your plastic money wisely and a bit sparingly. This is so because banks like to find a decent amount of cash in your account while finalizing the loan. You may also have to produce papers related to other loans taken by you. If your cash position is good enough after these, your loan will fall in the green category.