- Your profits and the track record in repaying past debts-the Credit Bureau understands that.
- You are paying all existing debts and other loans. The loan amount pertaining to the value of the property.
- Land possession-which means lending bank will be confident with the purchaser getting full and total land ownership.
- Obtaining a loan relies on the central bank surveyor’s report which will examine the property and provide its advice.
- Eligibility for a home loan depends on your willingness to pay (i.e. dependent on your salary) and not the age of the house. However, the amount of the loan always depends on age and an undivided interest, alongside the willingness to repay.
