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So many eye catching advertisements about getting housing loan without itr are quite impressive. But is that a myth or an actual reality. ITR Mike Shannon Jersey , salary slips and other financial records are quite time consuming to begin with when it comes to arranging them, but they are often required for loan approval.

So, it is fairly obvious to wonder whether such advertisements are fake? How is it possible to get home loan without necessary documents?

This is often known as no income, no employment verification and no asset offers by some financial institutions to home loan borrowers鈥?in order to get their home financed. Or in simple terms, to get a home loan.

But Ken Boyer Jersey , no lender can sanction you any money without the mandatory verification. Of course there are banks and other institutions that can offer home loan with less documentation but it does include some other important factors.

One can get such loans by keeping a previously owned property as a collateral. Loan against gurgaon property is one beneficial offer that you can avail from financial institutions like INRCredit. But if you do not have a property to be kept as a collateral. Fret not, getting maximum loan for salaried employee is still a possibility by paying a slightly high rate of interest.

Another important factor to be kept in mind is that lenders often take some time to approve your home loans, usually three or more working days. while no institution can offer you home loan in five to ten minutes Enos Slaughter Jersey , but once approved, you can get a sanction letter quickly. The loan disbursal however takes some time. Hence, it is important to understand what exactly a home loan sanction letter means. It is totally different to disbursal of loan. The letter implies that the applicant is eligible to receive home loan from the said lender.