Get Answers for All Your Queries About Home Loan!
Before availing of a Home Loan, it is important to clear any doubts you may have beforehand. Here are answers to some Home Loan FAQs.
Yes. You can avail of a Home Loan from Capitalneed.com as a co-owner of a joint property. However, you must note that all co-owners must be co-applicants for the loan account as well.
The LTV or Loan-To-Value ratio is the percentage of the property’s market value that is offered to you as a sanction. Typically, the LTV for a Home Loan ranges up to 80% across property types. So, for example, if a property is valued at ₹1,00,00,000 and the LTV is 80%, then the maximum loan amount that can be availed of is ₹80,00,000.
You can apply for a Home Loan to fulfil nearly any financial need. There are no restrictions to use the funds as long as they are utilized within the stipulated regulations as directed by the regulator.
We have simple eligibility criteria that allow you to get a Home Loan for any type of real estate asset. We accept a range of property types, including apartments, flats, villas, houses, office buildings, shops, etc.
The Home Loan offered by Capitalneed.com is loaded with convenience-first features and is available at competitive rates. By getting a Home Loan from us, you get to enjoy several benefits, such as:
- Digital Process
- Competitive Eligibility Programs
- Wide Range of Eligible Property Types
- Attractive Interest Rates
- Experienced Team
To serve your financial needs, we offer a Home Loan that ranges between ₹51 Lakh and ₹25 Crore. You can rely on our loan for any kind of big-ticket expense.
Borrowers can avail of a loan tenure that ranges between 3 and 15 years. For industrial and warehouse properties, the maximum tenure is 12 years.
Foreclosure charges - 5% on principle outstanding plus applicable taxes.
Yes. We have a simple online loan application process that can be completed in just a few easy steps.
To maximize affordability, we charge nominal fees on our Home Loan. It includes a processing fee, cheque swapping charge, legal fee, incidental charge, valuation charges, and foreclosure charges. Find all the specifics for these charges and rates on the official Home Loan interest rate & charges webpage.
All salaried individuals, self-employed professionals, companies, firms, etc. can qualify for availing of our Home Loan.
The full list of Home Loan eligibility criteria is listed online on our dedicated webpage. You can also contact our support team for more information.
Yes. This is a crucial requirement that affects the approval for the loan.
Self-employed professionals like Doctors or Chartered Accountants must have maintained their practice for at least 1 year. All other self-employed individuals must have a business vintage of at least 3 years.
Yes. Companies and firms must maintain an annual turnover of at least ₹10 Lakh to meet the income criterion for this loan.
