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Home loan closure checklist

Thursday, May 5, 2016 by Indian Real Estate News

 
Apply Home loan Online


1 Refer to the `list of documents to submit' when making the application for a loan, and make sure that all the original documents are recovered.

2 Ensure that the documents are complete and received in good condition, in the presense of a bank official, before signing the acknowledgement.

3 Take an NOC from the lender, specifying the address of the property against which loan was taken, name of the borrower and the loan account number.

4 Request the lender to inform CIBIL regarding the closure of the loan account.The process should take about 30 days from date of loan closure.

5 Ensure that any lien is removed after the closure of the loan. An existing lien will create problems during the sale of the property.

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| comments (1)

1 comments:

Unknown said...


Hi,
Thank you for sharing these information with us.Before applying loan everyone must know about documentation.Please visit https://www.letzbank.com/ for loan services.

May 14, 2016 at 5:46 PM  



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