What is list of documents in home loan?
Below are the documents required to apply for a home loan in India. Proof of Identity: Passport/ Voter ID/ Driving License/ PAN. Proof of Address: Telephone Bill/ Electricity Bill/ Passport/ Bank Statement/ Passbook. Property Documents: A copy of original sale deed, NOC from society, allotment-possession letter, etc.
Can I get home loan without property documents?
Generally, salaried individuals need to provide fewer documents. If you have a Salary Account with the bank from which you are availing a Home Loan, you can get a Home Loan sanction without documentation.
What are the basic loan documents?
Documents Required for a Personal Loan Identity proof (copy of passport/voter ID card/driving license/Aadhaar) Address proof (copy of passport/voter ID card/driving license/Aadhaar) Bank statement of previous 3 months (Passbook of previous 6 months.
How many payslips do I need for a home loan?
A lender will usually be satisfied with recent pay slips showing the amount you’re paid both before and after tax. They’ll require three months’ worth of pay slips, which also show your year-to-date total pay. They may also ask for a work contract, bank statements or in some cases a tax return.
Can I buy a house without proof of income?
You can no longer buy a house without proof of income. You have to prove you can pay the loan back somehow. But there are modern alternatives to stated income loans. For instance, you can show “proof of income” through bank statements, assets, or retirement accounts instead of W2 tax forms (the traditional method).
What are 3 documents needed for a personal loan?
Documents required
- Identity proof (copy of passport/voter ID card/driving license/Aadhaar)
- Address proof (copy of passport/voter ID card/driving license/Aadhaar)
- Bank statement of previous 3 months (Passbook of previous 6 months)
- Two latest salary slip/current dated salary certificate with the latest Form 16.
What is proof of end use?
Proof of End Use (as per discretion of HDFC Bank) Certified Bank statement of last 3 months (Passbook of last 6 months) Last 2 salary slips/Latest salary certificate with the latest Form 16.
Who approves a mortgage loan?
A mortgage underwriter is the person that approves or denies your loan application.
How quickly can I get a mortgage approved?
In terms of securing a mortgage offer, there’s no hard and fast rule over the time it takes, but, in normal circumstances, most of us can expect to wait 2-4 weeks from mortgage application to mortgage offer – provided the process goes smoothly and your application is relatively straightforward.