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Who all can apply for home loans and who can be a co-applicant?
asked Sep 12, 2017 in Home Loan by Imanuel (8 points) | 59 views

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Immediate relatives like father, mother, brother, sister . Best always is to make one's spouse the co-applicant. BTW, co-applicant is different from co-owner. Hope you are aware of the difference between the two
answered Sep 13, 2017 by Simon S (20 points)
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Update to the above answer - you asked who all can apply for home loan! Anyone can apply for home loan; what does it cost to apply after all? Banks approve loan even before you identify the property (pre-approval). It is easy to take home loan; repaying part is always challenging!
answered Sep 13, 2017 by Simon S (20 points)
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