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How to avail pre-approved home loan- Property Hotline
Posted
July 29, 2016
Views
47
July 29, 2016
47
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1:38Now PlayingHow to avail pre-approved home loan- Property Hotline
Expert: Kartik Jhaveri, Founder & Director of Transcend Consulting India Pvt Ltd.
Question: Can I get home loan pre-approved in Bengaluru and buy property in Pune? I am planning to buy property in Pune. I want to avoid travelling between Bengaluru and Pune for sanction of loan. Can I get a pre-approved loan in Bengaluru and then avail that loan in Pune?
Answer: Yes, you can get a pre-approval of loan in Bangalore and buy a property in Pune. Please bear in mind that your loan is pre-approved based on your income earning eligibility and is not guaranteed. There are chances that when the bank does due diligence of the property it may reject the loan application if it finds any discrepancies.
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