9 Factors That Influence Your Prospects Of Getting A Home Loan
Banks and financial institutions sanction home loans according to certain terms and conditions. Lenders evaluate home loan applications according to stringent norms. Apart from the parameters according to which banks and financial institution evaluate your application, there are certain factors that influence your prospects of getting a loan. These include your age, your income, the type of employment, your qualification and experience, the number of dependents you have, any other credit or payment history that you have, among others.