Buyer's Guide Housing Loan: Do professionals have special eligibility norms?


Most housing loan lenders offer special privileges to self-employed professionals.

They recognize the fact that in such cases, income is generally under stated & the earning potential of such individuals is higher that what has been disclosed.

Every Bank or Housing Finance company (HFC) has its own conditions regarding the type of professionals they would cater to. The Bank or  HFC also decides on the qualifications required for such professionals to qualify for the relaxed norms for loan eligibility calculations.


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