Home loan application
rejected? Instead of worrying on it try what you could do on it. Never feel
disappointed, take the right steps to make it happen. Here are some tips to
handle such situations.
• Ask the lender what the issue is
The lender can help you
to find out why your home loan got rejected. Find the reason behind the
disapproval and solve it at the earliest.
• Rectify the issue
Once you get to know
the reason behind the rejection of home loan, go deep into the details of the
problem. Focus on the specified problem and rectify it.
• Opt for a lower loan amount
If you find the reason
behind the rejection of home loan is that your monthly income is not enough to
handle the home loan burden, sort the issue by opting for a lower loan amount.
Thus correct the debt servicing ratio.
• Repay your existing loans if any
Consider closing your
current financial obligations.
• Improve CIBIL score
Check your CIBIL score,
if there is any wrong information reflected in your credit report or history,
report the issue on CIBIL’s website.
Ladder Mankav Greens,
apartments in Calicut, is one of the prestigious address among premium homes,
luxury flats in Calicut Kerala. It is a flagship project by one of the choicest
builders in Calicut Kerala.
To Know More Ladder Kerala
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