Can home financing security 100% of the home value with a decent credit rating ?

  • Application for the loan claiming the intention of the mortgage or any other details as needed by the bank.
  • Income tax Production of up to step 3 earlier in the day decades.
  • Bank declaration off 3 to 6 days.
  • Label facts and you will address evidence.
  • Report of every current debts.
  • Paycheck slips regarding 3 to 6 months and you can a position letter within the question of an excellent salaried personnel.
  • Books of accounts and taxation efficiency out of business however if off self-functioning otherwise professional.
  • Passport size pictures
  • Details of possessions – including assets venue, creator, provider, measurements of the house and you may located area of the possessions.

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What will happen but if a borrower defaults a couple of times towards the mortgage ?

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