Key Documents Needed for Applying for a Home Loan

[Iniyan]

I’m planning to apply for a home loan soon. What are the key documents I need to have ready?

• This topic was modified 7 months, 1 week ago by gaichermaickel.

[Junaidh]

You’ll need to provide government-issued ID, such as a passport, driver’s license, or Aadhaar card, to verify your identity.

[Vijay prasad]

Submit documents like utility bills, rental agreements, or a passport to confirm your current address.

[Arul Jeeva]

For salaried individuals, this includes recent pay slips, Form 16, and bank statements showing salary credits. Self-employed applicants need to provide income tax returns, profit and loss statements, and business bank statements.

[Kamal]

Provide an employment verification letter from your employer stating your position, tenure, and salary.

[Celsiya]

Include the sale agreement, title deed, property tax receipts, and other relevant property-related documents to prove ownership and clear title.

[Arjith]

Submit bank statements for the last 6 to 12 months to show your financial stability and transaction history.

[Mukhil Eashwar]

A recent credit report helps lenders assess your creditworthiness and history of managing debt.

[Janaki Raman]

Documents like a birth certificate, school leaving certificate, or passport can serve as proof of age.

[Deesha]

Provide recent passport-sized photos as part of your loan application process.

[Dwanij J Shah]

Depending on the lender’s requirements, you may need to submit additional documents like investment proofs, loan sanction letters, or a declaration of any outstanding loans.