A home loan is a secured loan where the property being bought or built is mortgaged to the lender until the loan is repaid. Because tenures can be long, small differences in interest rate or fees can change the total cost considerably.
Lenders assess both you (income, existing EMIs, credit history, age and tenure) and the property (legal title, approvals and valuation). The lender decides the loan amount, which is usually limited to a percentage of the property value as per applicable rules and its own policy.
How 8Q Solutions helps
- We explain the stages: application, credit assessment, property legal and technical checks, sanction and disbursal.
- We help you understand which personal and property documents a lender may request.
- With your consent, we coordinate with a participating lender, where one is available for your requirement.
Home loan services are offered subject to the availability of participating lenders for your location and property type.
Compare carefully
Look at the full cost — interest type (fixed or floating), processing fees, insurance, and charges for prepayment or delay — in the lender's key fact statement. Use the EMI calculator to see how tenure affects your EMI and total interest.
Common uses
- Buying a ready or under-construction home
- Constructing a house on owned land
- Home renovation or extension
- Transferring an existing home loan
Eligibility and documents
Each participating lender sets its own eligibility criteria and document list for this product. Our team will explain the specific requirements after understanding your profile. See our general eligibility guide.
Criteria vary between lenders and may change. Meeting them does not guarantee approval.
Home Loan FAQs
How much home loan can I get?
The lender decides the amount based on your income, existing obligations, age, the property's value and applicable loan-to-value limits. We cannot promise a specific amount.
Are home loan services available everywhere?
Home loan enquiries are handled subject to the availability of participating lenders for your location and property type. Our team will let you know after reviewing your enquiry.