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100 FAQ's on Basic Finance

Module Units

What are the major points to consider while taking a housing loan?

Major points you should know before you apply for a home loan:

  1. Assess your home loan eligibility criteria
  2. The different types of home loans
  3. Get your home loan pre-approved
  4. Consider these factors:
    • Loan amount
    • Cost of loan
    • EMI payable
    • Loan tenure
  5.  Documentation that are needed to be submitted
  6. Purchasing a loan cover term assurance plan
  7.  Pay your EMIs regularly.

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Units 85/101