Home Loan Services
We help you secure the best home loans with competitive interest rates, expert guidance, and seamless processing for your dream home
Why Choose Our Home Loan Services?
Expert Promise: We connect you with leading banks and NBFCs offering the best home loan rates and terms. Our professional team ensures competitive interest rates, hassle-free documentation, and complete guidance throughout your home buying journey.
How We Help You Get Home Loans
At Credorra, we specialize in home loan services that help individuals purchase, construct, or renovate residential properties. Our expert team works with leading banks and NBFCs to secure the best interest rates, highest loan amounts, and most favorable terms for your dream home.
Our Home Loan Services Include
- Best Rate Comparison: We compare rates from 20+ lenders to get you the lowest interest rates
- Maximum Loan Amount: Up to 90% of property value financing
- Expert Guidance: Complete assistance from application to disbursement
- Document Support: Help with all paperwork and legal verification
- Quick Processing: Fastest approval and disbursement through our network
- Tax Benefit Planning: Expert advice on maximizing tax savings
Why Our Home Loan Services?
We ensure you get maximum value and best terms for your home loan with minimal hassle. No need to approach multiple banks - we do all the comparison, paperwork, and processing for you while ensuring the best deal.
Home Loan Solutions We Arrange
We arrange different types of home loans based on your specific property needs and financial requirements through our banking partners.
Home Purchase Loan
Finance for buying ready-to-move or under-construction residential properties.
- Up to 90% of property value financing
- Tenure up to 30 years available
- Interest rates starting from 8.5% per annum
- Both fixed and floating rate options
- Tax benefits on principal and interest
- Quick approval and processing
Home Construction Loan
Financing for constructing new house on owned or purchased land plot.
- Stage-wise disbursement as construction progresses
- Up to 80% of construction cost financing
- Land cost + construction cost combined funding
- Regular inspection during construction
- EMI starts after construction completion
- Flexible tenure up to 30 years
Home Renovation Loan
Funding for renovating, extending, or improving existing residential property.
- Up to ₹30 lakhs for renovation purposes
- Quick approval and disbursement process
- Existing property as collateral security
- Interior, exterior, and structural improvements
- Tax benefits available on interest paid
- Shorter tenure of 5-15 years typically
Home Loan Balance Transfer
Transfer existing home loan to another bank for better rates and terms.
- Lower interest rates than current loan
- Additional top-up loan facility available
- Reduced EMI or shorter tenure options
- Processing fee waiver offers available
- Significant interest savings over tenure
- Quick approval and processing
Eligibility Criteria & Requirements
We help you understand and meet home loan eligibility criteria for smooth loan approval and better terms.
Personal Eligibility
- Age: 23-70 years (varies by lender)
- Indian citizen or NRI with valid documentation
- CIBIL score: 750+ for best rates
- Stable employment or business for 2+ years
- Clean credit history with no defaults
- Co-applicant eligibility (spouse/parents)
Income Requirements
- Salaried: Minimum ₹25,000-₹30,000 monthly
- Self-employed: Annual income ₹3-5 lakhs minimum
- Current employment: 1+ year in same company
- ITR filing for last 3 years (self-employed)
- Bank statements for 6-12 months
- Multiple income sources evaluation
Property Requirements
- Clear and marketable title of property
- RERA approved projects (for new properties)
- Property valuation by bank-approved valuers
- Building completion certificate required
- Property insurance mandatory
- Legal verification and technical evaluation
Required Documentation
We assist you in preparing and submitting all required documents for smooth and quick home loan approval.
Identity & Address Proof
- PAN Card (mandatory for all applicants)
- Aadhaar Card with verified mobile number
- Passport (for identity and address proof)
- Driving License or Voter ID Card
- Utility bills (electricity, water, gas)
- Bank statements with address
Income & Employment Proof
- Last 3 months salary slips (salaried)
- Employment certificate/offer letter
- Bank statements for 6-12 months
- Form 16/ITR for last 2-3 years
- Business registration documents (self-employed)
- Audited financial statements
Customer Photo (Mandatory)
- Recent passport size photographs (4-6 copies)
- Clear and professional quality photos
- White background preferred
- No sunglasses or cap in photos
- Same for all co-applicants
- Digital copies also required
Co-Applicant Documents (Mandatory)
- All identity and address proofs of co-applicant
- Income proof of co-applicant (if earning)
- PAN Card of co-applicant (mandatory)
- Relationship proof with primary applicant
- Co-applicant's bank statements
- Employment proof (if applicable)
Property Documents
- Sale deed/agreement to sell
- Title documents of the property
- Property tax receipts
- Building completion certificate
- RERA registration certificate
- Property valuation report
Our Home Loan Process
Our streamlined process ensures quick approval and disbursement with expert assistance at every step.
Initial Consultation
Discuss your requirements and assess financial readiness for home loan
Property Selection
Help shortlist properties and verify legal documents and RERA approval
Lender Comparison
Compare rates from multiple banks and choose the best offer
Application Submission
Submit application with complete documentation including photos
Verification Process
Bank verifies income, employment, and property legal evaluation
Loan Sanction
Receive sanction letter with approved amount and terms
Legal Formalities
Complete property registration and legal documentation
Loan Disbursement
Receive funds and start your EMI payments
Interest Rates & Tax Benefits
We help you understand interest rate factors and maximize tax benefits on your home loan.
Interest Rate Factors
- Credit Score: 750+ gets best rates
- Loan Amount: Higher amounts may get better rates
- Employment Profile: Salaried vs self-employed
- Bank Relationship: Existing customers get benefits
- Property Location: Metro vs non-metro rates
- Market Conditions: Economic factors influence rates
Tax Benefits Available
- Section 80C: Up to ₹1.5 lakh on principal repayment
- Section 24(b): Up to ₹2 lakh on interest payment
- Additional ₹1.5 lakh interest for first-time buyers
- Section 80EEA: For affordable housing (up to ₹45 lakhs)
- Joint ownership increases tax benefits
- Pre-construction interest can be claimed later
Smart Home Loan Tips
- Compare rates from multiple lenders
- Maintain high credit score for better rates
- Plan EMI within 40% of monthly income
- Consider prepayment to reduce interest burden
- Ensure proper property legal verification
- Take adequate property and term insurance
Ready to Buy Your Dream Home?
Get expert guidance on home loan selection, interest rates, documentation, and property verification. Our home loan specialists are here to help you secure the best financing for your dream home at competitive rates.
Get Home Loan Consultation🏠 Connect with Our Home Loan Experts
*Interest rates starting from 8.5% per annum subject to lender's terms and conditions. Loan amount up to 90% of property value as per bank policies. Processing fees and other charges as applicable. All rates and terms are indicative and may vary based on lender policies, borrower profile, and property valuation. Co-applicant documents and customer photographs are mandatory for loan processing. Terms & Conditions Apply.