05.10.2017 Views

A Complete Guide to Getting a Second Home Loan

If you’re planning on buying a second home as an investment, make sure your finances can support you. Getting a second home loan is more difficult than the first, with more stringent procedures. So, read this PDF to find out about second Home Loan. Also Read: https://blog.bajajfinserv.in/how-to-apply-for-a-home-loan-a-second-time/

If you’re planning on buying a second home as an investment, make sure your finances can support you. Getting a second home loan is more difficult than the first, with more stringent procedures. So, read this PDF to find out about second Home Loan. Also Read: https://blog.bajajfinserv.in/how-to-apply-for-a-home-loan-a-second-time/

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Opt for a joint home loan<br />

Your second home loan will be much easier<br />

<strong>to</strong> avail if you apply for it jointly with a family<br />

member, be it a parent, a sibling or your<br />

spouse. This is because a joint home loan<br />

spreads the repayment burden on more than<br />

one individual, and becomes less risky for the<br />

lender. This is especially true if your loan<br />

co-applicant is also an earning member or a<br />

salaried individual.

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