Normally home financing security 100% of the home worthy of with a decent credit rating ?

• Application for the loan saying the objective of the borrowed funds and other information as required by bank.
• Tax Output as much as step three prior decades.
• Financial declaration from 3 to 6 months.
• Identity facts and you may target proof.
• Statement of any existing liabilities.
• Paycheck slides away from 3 to 6 days and you can work page in matter-of a great salaried staff member.
• Courses regarding membership and you can taxation returns off business however, if regarding mind-functioning or elite.
• Passport proportions images
• Information on assets – eg assets location, builder, provider, size of our house and you will precise location of the assets.

What happens but if a debtor defaults a couple of times with the financial ?

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