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Instead of opting for an individual Home Loan, why not consider a joint Home Loan? There are a number of benefits that come with this kind of loan. One, you’ll be able to share the debt burden with another person. Two, you’ll also be able to avail a higher loan amount as the net incomes of all the applicants will be considered.
Here are a few details that will help you get acquainted with the ins and outs a joint Home Loan.
Who is eligible to be a co-applicant?
You can apply for a joint Home Loan with your spouse, parents, or siblings. Don’t mix up the term ‘co-applicant’... (more)
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