Hi Jagoinvestor,
Im Planning for home loan, here are few information which i would like to share to get best answer.
Im Married my age is 24 & Her is 23. we are living on rent from last 2 month, Joint Net earning is 31500/- Month we spend 7000 for all our living and save around 24000+ every month. (Previously used to stay with parents owned home )
Have one HDFC Term Insurance of 15 Lac for 15 Year (Premium is 2500/- Year)
Have 1 HDFC Card with limit 30000 (Pay bill before 6-7 days before due date) have one FD for 30000/- with other bank.
My salary account is with HDFC
There no LOAN or any kind of Debts, We dont have kind of private transport.
Planning to go for Home loan in Sept 2013 have 20% of required Cash.
Answer me following question.
* When i will go for Home Loan which address should i attach. as here im only for few month will this create problem if yes what would be solution.
* My job is from past 1 year her is New , will this create problem if yes what would be solution.
* Have all General Doc of both such as PAN, Passport, Voter ID, Form 16, Apploint Letter Salary slip, What are additional doc can be required while applying loan.
* Have ration Card but separate as we have not joint and made a new one yet.
* Should i apply for Individual or Jointly.
* What thing they check b4 approving Home loan.
Any other thing which can affect of disapproval of this loan , how to clear it