Home Loan Solutions Made Simple
Explore suitable home loan options with personalised guidance from application to lender coordination.
Understanding Home Loan
What is a home loan?
A home loan is a secured loan from a bank or housing finance company to help you buy, build or improve a residential property. The property usually serves as security until the loan is repaid.
What can it be used for?
Buying a new or resale home, constructing a house on your plot, renovating or extending an existing home, or transferring an existing home loan — subject to lender policy.
Who may consider it?
Salaried professionals, self-employed individuals and business owners planning to own a home, often with a co-applicant such as a spouse or family member.
Typical loan structure
A portion of the property value is financed while you contribute the balance as down payment. The loan is repaid through monthly EMIs over a long tenure, as agreed with the lender.
Key Features & Use Cases
Availability of each option is subject to lender policy.
New home purchase
Financing for under-construction or ready-to-move properties from builders, subject to lender policy.
Resale property
Support for buying a previously owned home, including document and valuation coordination.
House construction
Funds for building on an owned plot, usually released in stages as construction progresses.
Renovation & improvement
Options for repairs, upgrades or extensions to your existing home.
Balance transfer
Moving an existing home loan to another lender, where applicable and subject to lender assessment.
Joint applications
Adding an eligible co-applicant may help in assessing overall repayment capacity.
Typical Eligibility
Factors usually considered:
- Age of the applicant at application and at loan maturity
- Stable income and its continuity
- Employment or business profile and vintage
- Credit history and repayment track record
- Existing EMIs and financial obligations
- Property's legal and technical status
- Overall repayment capacity
Eligibility criteria may vary depending on the lender, applicant profile, income, credit history, property and other applicable factors.
Documents Typically Required
Basic KYC
- Identity proof (Aadhaar, passport, voter ID, etc.)
- Address proof
- PAN card
- Recent passport-size photographs
Salaried applicants
- Recent salary slips
- Form 16 / income tax returns
- Bank statements (typically last 6 months)
- Employment proof / ID card
Self-employed applicants
- Income tax returns with computation
- Audited financials / profit & loss and balance sheet, where applicable
- Business bank statements
- Business proof (GST, registration, licence, etc.)
Property documents
- Sale agreement / allotment letter
- Title documents and chain of ownership
- Approved building plan, where applicable
- Construction estimate for build or renovation
Additional documents may be requested by the respective lender based on the applicant and transaction.
How the Process Works
- 01
Share Your Requirement
Tell us what you need through the form, WhatsApp or a call.
- 02
Profile & Document Review
We understand your profile and review the documents.
- 03
Explore Suitable Options
We help you compare options from our lending network.
- 04
Application & Lender Coordination
We assist with the application and coordinate with the lender.
- 05
Approval / Disbursement
As per the lender's process and assessment.
Guidance You Can Rely On
Personalised Guidance
Advice shaped around your situation.
Multiple Financial Solutions
Loans and insurance under one roof.
Transparent Communication
Clear updates, no hidden surprises.
End-to-End Assistance
Support from enquiry to completion.
Lender Coordination
We follow up so you don't have to.
Home Loan — Frequently Asked Questions
Who can apply for a home loan?
Salaried and self-employed individuals who meet the lender's age, income and credit criteria can generally apply, individually or with a co-applicant.
What documents are generally required?
KYC, income proof, bank statements and property documents. The exact list depends on your profile and the lender.
How is home loan eligibility determined?
Lenders look at income, existing obligations, credit history, age, tenure and the property itself to assess how much can be offered.
Can self-employed applicants apply?
Yes. Lenders typically review income tax returns, financial statements and business continuity for self-employed applicants.
Can I get a home loan for a resale property?
Many lenders finance resale properties, subject to clear title, valuation and their internal policy.
Can I use a home loan for construction or renovation?
Yes, construction and renovation financing is available with many lenders, usually disbursed in stages against estimates or progress.
How does the process work with Arthmitra?
Share your requirement, we review your profile and documents, help you explore suitable options and coordinate with the lender through the application.
Looking for the Right Home Loan Solution?
Share your requirement and let our team help you explore suitable options.
Arthmitra Financial Services facilitates financial assistance and acts as an intermediary/channel partner where applicable. Approval, eligibility, interest rates, premiums, terms, documentation and other conditions are subject to the respective financial institution or insurer’s policies.