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Is it mandatory to have co-applicant to avail loan?- Property Hotline
Posted
September 9, 2016
Views
4,010
Likes
32
Comments
6
Engagement
0.95%
September 9, 2016
4,010
32
6
0.95%
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4:14Now PlayingExpert: Harsh Roongta, Chartered Accountant and a SEBI Registered Investment Advisor.
Question: When applying for a home loan, is it mandatory to have a co-applicant? Also, who can be a co-applicant for the loan?
Answer: It is not mandatory but banks like to have a co-applicant. Spouse is a natural co-applicant; children or parents can be co-applicant even siblings can be co - applicants.
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