Home Loans In Mumbai Details

Home Loan Features

• The home loan interest rates are surprisingly low with LMV Financial Services.
• You can have flexible repayment tenures up to 30 years.
• The LTV ratio is up to 90% of the property value.
• The home loan borrowers can also transfer their loans from one bank/NBFCs to another without much difference in the interest rates.
• The home loan borrowers can also upgrade their existing home loans with top-ups.
• The select customers can avail pre-approved instant home loans from banks/NBFCs.
• For the customers who opt for a floating rate of interest, the pre-payment charges are zero.
• The income of the applicant should be minimum Rs.25,000/- per month.
• Check out your EMI options now from our Home loan emi calculator

Eligibility Criteria of Home Loans in Mumbai

• Both salaried and self-employed professionals can apply for a home loan.
• The minimum age of the applicant should be 21 years and maximum up to 70 years.
• The applicant of the home loan must be an Indian national.
• The credit score/CIBIL should be 750 and above.
• The salaried employee must have at least 3 years of work experience.
• Similarly, the self-employed individual should have at least 3 years of experience in doing business.

Below documents are required for salaried applicants:

• KYC documents like PAN card, passport, voter ID, Aadhaar card, driving license etc.
• Salary slips for the last 3 months, past 6 months Bank statement.
• Approved documents of the Property.
• Repayment history of the loan from the bank.
• Employment contract if any.