Buying a home is every individual’s dream. Through home loans, you can make this dream come true. However, the process of applying for a home loan in Mumbai can be a challenge for most, and this is where we at www.fundfastfintech.com can help you!

When you take out a loan to buy a house or to construct a home or to renovate your existing property, there are several things that a bank (lender) considers such as the total home loan amount, repayment period, your current salary, etc. Based on the loan amount, the interest rate is set with monthly payments, and the payment term can be up to 30 years.

When the loan is sanctioned, an equivalent to the home loan is set as collateral with the bank until the entire loan amount is paid off. If you don’t make monthly repayments, the bank (lender) will take full ownership of the house and put it up for sale in the market to recover their loan amount.

As a financial solution provider, our experienced home loan agents in Mumbai can guide you through the entire process of a home loan, ensuring you get the best deal available in the market, at the lowest interest rate possible. There are different types of mortgage as well as different ways to repay your mortgage, plus existing government schemes, etc. We’ll help you get a clear perspective on each one of them, so you make the right decision that is profitable for you.

Applying for a home loan can be a lengthy process, wherein the bank/lender can ask you a series of questions:

What kind of home loan do you want?
How much you want to borrow?
What is your financial situation?
What period of repayment are you looking for?

Based on this, if you are an eligible candidate, the bank/lender will conduct a detailed assessment of your income, expenditure, and how it will impact your future income. Throughout this process, our home loan DSA/providers in Mumbai
will offer you guidance that will make the entire procedure of taking a home loan a stress-free experience.

We Offer Home Loan For,

Purchase of Old/New Flat or House
Home Renovation
Home Expansion/Extension
Home Loan Transfer

Eligibility For Home Loan

The applicant should be an India citizen.
The Applicant should be residing at the current place of residence for a minimum of 3 years.
Salaried employees should have at least 3 years of work experience with the current employer.
They should have Form-16 issued by the current employer.
Self-employed applicants should be in the business for at least 3 years.

Home Loan for Salaried Individuals (Documents Required)

Proof of identity (PAN Card) of residence Applicant & Co-Applicant.
Proof of address (Aadhaar Card or Passport) of residence Applicant & Co-Applicant.
Latest salary slips.
Form-16 issued by the current employer.
Bank statements for the last six months.
Photo of Applicant & Co-Applicant.

Home Loan for Self-employed Professionals (Documents Required)

Proof of identity (PAN Card) of residence Applicant & Co-Applicant.
Proof of address (Aadhaar Card or Passport) of residence Applicant & Co-Applicant.
Business and Office Proof.
Education Credential: degrees, diplomas, certificates, etc.
Bank statements for last year.
Photo of Applicant & Co-Applicant.
lT Returns of three years preceding the one in which loan is applied for.

Home Loan for Self-employed Business (Documents Required)

Proof of identity (PAN Card) of residence Applicant & Co-Applicant.
Proof of address (Aadhaar Card or Passport) of residence Applicant & Co-Applicant.
Business and Office Proof.
Proof of the existence of business.
Detailed business profile.
Profit & loss sheet and balance sheets of the company for the last three years.
Photo of Applicant & Co-Applicant.

“GST Certificate”(for self employed) & “Bank Statement”

Home Loan