What is Home Loan Process ?
A Home Loan Applicant approaches Lender with documents supporting their Employment,Money,Home and Age Proofs.
The Lender then conducts a scrutiny of applicant’s submitted documents. Just after beneficial verification, the applicant is issued Home bank loan sanction letter. The bank loan sanction letter incorporates Lender supply to Applicant. This is Home Loan Sanction system. If, applicant agrees by a mutual acceptance letter he is given bank loan volume as part of disbursement system.
one). Home Loan Software.
2). Verification By Lender.
three). Sanction Or Rejection. ( Conditional sanction is given until registration of property)
4). Home Paperwork verification.
5). Home Loan Disbursement.
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