22/11/2022 Financial & Legal Services
Do you know how much you can borrow on your mortgage loan if you meet the eligibility criteria? A mortgage loan can only be provided by a lender or bank, and they usually require a specified credit score, income, and the type of property being purchased. If you need a mortgage loan, then you must fulfill the mortgage loan eligibility criteria given by the lender's bank. The following are some important key points to consider to increase your mortgage loan eligibility and provide you with the maximum amount you can avail of on your mortgage loan.
1. Maintain a credit score above 750
2. Repay your debts religiously
3. Always choose a longer tenure for your loan.
4. Don't take on too many credits in the same financial year.
Your credit score and credit report define how much mortgage loan maximum amount you can avail of; always make sure that you have a good credit score and strong credit reports, Bajaj Finserv helps people to avail loans up to Rs 5 crore. Apply now!
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