mortgage Loan
Check the criteria to know your mortgage loan eligibility
Eligibility for mortgage loan
At Shree Finance Services in Nagpur, you can avail customized property loan depending on your requirement. Regardless of whether you are salaried, self-employed or an SME – you will find a product that meets your requirements.
An individual may require funds for any purpose. Such a person can get funds by availing a loan against property. If the individual is willing to pledge a residential property, then a loan amount equivalent to 75% of the property’s value can be disbursed. If this individual is willing to pledge a commercial property, then a loan amount equivalent to 70% of the property would be disbursed.
How is Mortgage Loan Eligibility calculated?
We offer simple and transparent procedures to find your eligibility for a loan against property. Your repayment potential can be assessed based on factors such as your income, your net monthly obligations, location, CIBIL score, qualifications/job profile, etc. The loan amount will also depend on the valuation of the property you are pledging, and the availability of required documentation for the same. If you are looking for a loan against property, just go through the table above to understand your eligibility for the same.
To get an estimate of the maximum property loan amount you can get, please check our free online loan against property LTV calculator. This tool gives you an estimate based on the nature & value of your property as well as your net disposable income.