HOME LOAN APPLICATION REJECTED? KNOW THE REASONS

1
HOME LOAN APPLICATION REJECTED? KNOW THE REASONS 
2
The Basics of Home Loan

• Buying a house is much more than just selecting
  the right property. It is likely to be the
  biggest financial transaction of ones life. When
  you apply for a home loan and sadly, if it gets
  rejected you need to know the reasons. Stop
  applying after a loan rejection. That is the
  worst one can do. Since your home loan is
  rejected, there is something that is not right in
  your application. It can be due to various
  reasons and situations that can reject your loan
  straight away. Get up, and start finding the
  reason and start working so that this is the last
  rejection of your life.

3
Reasons for home loan rejection

• Loss of documents. If you are not being able to
  produce all the documents before your loan
  provider, you will get your loan rejected.
  Without transparency, the loan will not get
  approved under any circumstances. Make sure you
  keep your documents on track.

4
Credit score

• A bad credit score. A credit score is the most
  important thing that decides your loan response.
  It takes into account all the past debt records,
  transactions, records, and payments to consider a
  score. This score is completely dependent on the
  financial behavior that you have done for the
  years. If your credit score is not as good as
  expected, it means you have not worked
  financially well. This will give you a negative
  response and you will attain a loan rejection.
  Make sure you take the right step now.

5
Income

• A low income is the main reason for rejection as
  an online home loan is a valuable loan. The
  amount involved is high and one needs to manage
  the EMI along with all other expenses from the
  income. Increase your income so that the chances
  of approval increase. Rejection happens when a
  loan provider finds out that your income is not
  at peace with your expenses and EMI.

6
Clix Capital Services Private Limited

• Address 4th Floor, Kailash Building, Kasturba
  Gandhi Marg, Connaught Place, New Delhi-110001
• Call us 1800 200 9898
• Email us hello_at_clix.capital
• Website www.clix.capital

7
(No Transcript)