Home Loan with ReaLoan
Owning a home is one of the biggest dreams for every individual and family in India. At ReaLoan, we make this dream easier to achieve by helping you secure the best Home Loan with competitive interest rates, simple documentation, and expert guidance throughout the process.
Whether you are buying a new home, purchasing a plot, constructing a house, or transferring an existing loan for better interest rates, ReaLoan connects you to top Banks, Housing Finance Companies, and NBFCs to ensure the right loan solution—perfectly matching your needs and budget.
Key Features of Home Loans with ReaLoan
✔ Low & Attractive Interest Rates
We help you compare Home Loan options from multiple lenders and secure the lowest possible rates based on your eligibility.
✔ High Loan Eligibility
Get loans ranging from ₹5 Lakhs to ₹5 Crores+, depending on income, property value, and credit score.
✔ Flexible Tenure Up to 30 Years
Enjoy long repayment periods, allowing lower EMIs and comfortable financial planning.
✔ Loans for All Property Types
We assist with home loans for:
Ready-to-move Homes
Under-construction Properties
Flats & Apartments
Independent Houses
Home Construction
Home Renovation & Extension
Plot Purchase Loans
✔ Balance Transfer Facility
Already have a Home Loan?
Switch to a lender offering lower interest rates and save significantly on EMIs and total interest.
✔ Minimal Documentation
We simplify your application with clean and easy paperwork—KYC, income proof, bank statements, property papers.
Why Choose ReaLoan for Your Home Loan?
Over 20 years of experience in banking & home finance
Strong tie-ups with top Housing Finance Companies, NBFCs, and Banks
High approval success rate with accurate eligibility checks
End-to-end support—from documentation to disbursal
Honest, transparent, and customer-first advisory
Help in choosing the right EMI plan based on your financial comfort
We ensure your home-buying journey is smooth, stress-free, and professionally guided.
Your Dream Home is waiting for You
Who Can Apply for a Home Loan?
Salaried Individuals
Self-Employed Professionals
Business Owners
NRIs (case to case)
FAQs
What is a Home Loan?
A Home Loan is a long-term loan provided by banks or NBFCs to help you purchase, build, renovate, or extend a residential property. The loan is secured (typically by the property itself) and repaid via Equated Monthly Installments (EMIs) over a tenure ranging from 5 to 30 years (or more, depending on lender).
Who can apply for a Home Loan?
Most Indian residents who are salaried or self-employed professionals can apply. Typical eligibility criteria include:
Age: Usually between 21-65 years for salaried applicants; for self-employed, up to 70 years at loan maturity.
Minimum income: Varies by lender and location.
Good credit score and clean repayment history.
Property must meet lender’s norms (zone, approvals, occupancy).
What is the difference between applying with a Bank vs an NBFC?
Banks often offer lower interest rates and are regulated under stricter guidelines.
NBFCs may offer faster processing, easier documentation, more flexibility (especially for self-employed or non-traditional income borrowers).
Which is better depends on your profile and priorities (speed vs rate vs eligibility).
What interest rates and tenure options are available?
Interest rates for home loans vary considerably by lender, borrower profile and whether the rate is fixed or floating. Under floating-rate loans linked to an external benchmark (such as repo rate), the EMI may vary over time.
Tenure options commonly range from 5 to 30 years or more. Choosing a longer tenure reduces monthly EMI but increases total interest cost.
What documents will I need?
Common documents required include:
Identity proof: PAN card, Aadhaar, passport etc.
Address proof: utility bills, voter ID, driver’s licence etc.
Income proof: salary slips/bank statements for salaried; financial statements, ITRs for self-employed.
Property documents: sale agreement, title deed, no-objection certificate (NOC) etc.
Bank statements (typically last 6 months) and other KYC.
Can I transfer or top-up my existing Home Loan?
Yes. Many lenders allow balance transfer (moving your existing home loan to a new lender for better rate) or top-up loan (additional loan on the same property) subject to eligibility and lender policy. NBFCs and banks both provide such options.
Understand fees, processing costs, and implications before opting for transfer or top-up.
7. Are there any hidden charges or things I should check before signing?
Yes—before accepting a loan, verify:
Processing fees, administrative charges
Legal/technical inspection fees
Pre-payment or foreclosure charges (check whether fixed or floating rate loan)
Reset clauses (for fixed-rate loans) and index/margin used (for floating-rate loans)
All-inclusive annual percentage rate (APR) if available.
Clear disclosure of fees is required under regulations.
How soon can the loan be disbursed after approval?
For banks and NBFCs with online systems, disbursal can happen quickly — sometimes within days if all documents are in order and property approvals are complete. NBFCs often offer faster turn-around times owing to simpler documentation.
Still ensure your property meets the lender’s norms (zoning, approvals, valuations), as that often causes delays.
What CIBIL / credit score is required to get a Home Loan?
There is no single RBI-fixed minimum score, but most Indian banks and NBFCs prefer a CIBIL score of 700 or above for comfortable home loan approval.
750+: Generally considered strong – better chances of approval and more attractive interest rates.
650–749: Many NBFCs and some banks may still approve, but rates or documentation conditions may be stricter.
Below 650: Approval becomes difficult; lenders may reduce eligibility, ask for higher margin, co-applicant, or additional security.
Apart from the score, lenders also look at income stability, existing EMIs, FOIR (fixed obligation to income ratio), property profile, and repayment track record.
At ReaLoan, we help you:
Check and understand your CIBIL score
Identify lenders more flexible with your profile
Improve approval chances even if your score is moderate.
What happens if I miss an EMI or delay payment?
Missing EMIs adversely affects your credit score and may lead to penal interest, late-fee charges and legal action in extreme cases. Banks/NBFCs report delays to credit bureaus. Maintaining a good credit score improves future borrowing prospects.
Is home insurance mandatory along with a Home Loan?
Lenders often require you to insure the property against fire, damage or natural disasters to protect their security. While not always mandated by law, it is standard practice by banks/NBFCs to ask for property insurance as a condition.
Make Your Dream Home a Reality
Whether you’re a first-time homebuyer or upgrading to a new home, our experts are ready to guide you with the right loan options and personalized support.
Start your journey today with confidence.
ReaLoan – Your Trusted Bridge to Smarter Loans.
Borrower Testimonials
