Home loan service is the need of the hour. While government is promoting people to buy own home by lowering home loan interest rate, the redtapism is still where it was.
October 10, 2012 (Newswire) - Home loan service is the need of the hour. While government is promoting people to buy own home by lowering home loan interest rate, the redtapism is still where it was. It is not always easy to avail home loan for everyone. It involves complex paper work, and unofficial exercises to get it approved which is not possible for each and every individual. It becomes very difficult to even get your proposal submitted in a bank or financial institution if you do not already know someone there. This has made it very difficult for common Indian to avail home loan facilities. Thanks to home loan agencies, and brokers who take all the trouble on behalf of their customer, and play bridge between the bank and end-user. RightHomeLoan.com, an established home loan service provider in Chandigarh, India, has expanded its operations at other locations too.
"We have earned good credibility through satisfactory services for more than 10 years in Chandigarh" informs a company representative, "we are now expanding our services in Jalandhar, Ludhiana, Patiala, Amritsar, Ambala and Karnal" he adds. Chandigarh is emerging as a prime IT hub of India. The growing IT business in the region has opened new income resources for the people here and so has improved their buying power. More and more young engineers and entrepreneurs prefer to buy their own house in the city, even if they do not have any plan to settle here permanently. They believe in investment, and resell the property with good profit. "Most of our customers are young engineers and entrepreneurs who have migrated to the city for their job prospects" confirms the representative.
When inquired about their procedure to provide home loans to an individual, the company representative informs that "the first thing we ask from the candidate is his income tax certificates: at least for last 3 years, proof of incomes: it can be salary certificates, bank passbooks, etc, detail of property: it can be photocopy of registration, brochure, etc. containing size and cost specifications of the property, and personal detail of the borrower: such as identity proof, address proof, educational qualification, etc" informs the representative, "we then get the papers reviewed by the panel of experts, and a systematic file is created for the case in multiple copies. Then we depute independent marketing executives to consult with prospective banks and financial institutions with the project and generate several offers for the client. Once we have got approval from 3 or more banks or institutions, we sit with our client and help him / her select the most profitable offer" he adds.
Home loan is a growing requirement in all over India. As properties are getting dearer every day it has become more essential now. A home loan agent or broker is the right person who can spare you from all the trouble and make the whole process easy for you, for some fees off course. "Our charges are most competitive in the local market" ends the company person.
For any further details, please log on to http://www.righthomeloan.com