Steps to Avoid Home Loan Rejection


Checklist Before Applying for Home Loan

If you are done with the above steps, then just make sure you have cross-checked them with the following checklist –

- Keep all documents and related papers in order. Seek help of family and friends in case of confusion.

- Do remember your credit report from CIBIL. This report will highlight any grey area which might jeopardize your home loan application.

- If you are jointly applying for a home loan then make sure that your co-applicant does not have a bad credit history or bad loans. If this doesn’t happen, then your loan application will get rejected

- Search online for a number of home loan providers before selecting upon the right loan provider