Best Mortgage loans providers in kochi | Kerala

Welcome to Finbrok, your premier source for the best mortgage loans in the state of Kerala and surrounding areas. Our goal is to provide our clients with the most competitive rates and outstanding customer service for all of their mortgage needs. Whether you are looking for a home mortgage loan, or just searching for the best mortgage loans providers, we have you covered.

We are committed to providing our clients with the best mortgage loans in the industry, and our team of experienced loan officers is here to help you every step of the way. Whether you are a first-time home buyer, or a seasoned real estate investor, we have the knowledge and expertise to help you find the mortgage loan that is right for you.

We offer a variety of mortgage loan options, including home mortgage loans, refinancing, and more. Our competitive interest rates and flexible repayment terms ensure that you can find a mortgage loan that meets your unique financial needs.

If you are ready to take the next step in buying a home or refinancing your current mortgage, we encourage you to contact us today. Our loan officers are available to answer any questions you may have and help you find the best mortgage loans providers for your needs. We look forward to helping you achieve your financial goals.

Use Of Mortgage Loans

A mortgage loan is a type of loan used to finance the purchase of a property, such as a home or a piece of land. The loan is secured by the property, meaning that the lender can take ownership of the property if the borrower defaults on the loan.

Mortgage loans are typically used by individuals and families to purchase their homes, either as a primary residence or as an investment property. They can also be used to refinance existing mortgages, to consolidate debt, or to tap into the equity in a property. Finbrok provide best mortgage loans in Kochi | Kerala .

Here are some common uses of mortgage loans:

  • Refinancing: To pay off an existing mortgage, lower monthly payments, or get access to cash.
  • Debt consolidation: To pay off high-interest credit card debt or other debts with a lower interest rate mortgage loan.
  • Cash-out refinancing: To access the equity in a property and use it for other purposes, such as home improvements or investment.

Required Documents

NRI
  • Salary Certificate in Company Letter head /6 months pay slips
  • Copy of Job Contract, Passport and Visa
  • One year bank statement in which salary is credited
  • NRE bank account statement one year (Local bank)
  • Qualification Proof (if professional)
  • Job ID card
  • Pan card, Adhaar card
  • Co-Applicant Details (Photo, ID ,Address proof )
  • Two year income tax return (except gulf NRI’s)
  • Loan sanction letter & loan track (starting to till date)
SALARY CLASS (Government and Private)
  • Salary Certificate in Company Letter head /6 months pay slips
  • Copy of Job Contract
  • One year bank statement in which salary is credited
  • Form 16 , ITR and computation (2018 and2019 march)
  • Qualification Proof (if professional)
  • Job ID card
  • Pan card, Adhaar card
  • Co-Applicant Details (Photo, ID ,Address proof )
  • Loan sanction letter & loan track (starting to till date)
PROPRITORSHIP
  • 3 years ITR .computation and Balance sheet
  • One year bank statement (S B a/c, C A a/c, O D a/c )
  • Local body licenses/ GST regi, MSME, Pollution, food and safety, export and import license (submit if you have)
  • Loan sanction letter
  • Loan track (starting to till date)
  • Business profile
  • Rental agreement (shop, godown )
  • Other loan details, loan track, loan closing letter
  • Photo , Pan card ,election card , Driving License, Ration card (h/w)
  • GST monthly return(April 2019 to till months)
  • Two year GST. Annual return

Property details

  • Document of the property
  • Prior documents
  • Encumbrance certificate for last 30 years
  • Possession and non attachment certificate
  • Land tax receipt
  • Building tax receipt
  • Location sketch and certificate
  • Approved Building plan and permit
  • Estimates( construction/ repair and maintains )
  • Sale agreement copy(purchase )

Loan Eligibility

Profession Salaried persons working in government, private or MNC companies and self employed professionals like Doctors, CA, CS, Architects
Eligible Age21 years to 60 years
Minimum Income for Loan EligibilityRs. 25,000 per month for salaried; Rs. 5 Lakh gross annual receipts for professionals
Work Experience Required3 years and above
Experience in Current CompanyVaries from 1 month to 1 year
Minimum CIBIL Score650
Maximum EMI as percent of Income65%

Features

All loans are not created equal, Loans has become a great option for people to use.

Faster Loan

Finbrok helps you to get the loan faster than any other consultants! Starting from document prepartion, our main motto is to get you the money!

Choose amount

All charges are communicated up front in writing along with the loan quotation, and let us know how much money you want and we set strategy accordingly.

Enjoy the best rates

Our loan rates and charges are very attractive. we provide Best vehicle loan in Kerala-2022.We always get you loan for the best interest rates in the market. Its upto us to get you a hassle free loan.

Decide your tenure

As our loan rates and charges are very attractive, we help the clients to workout on tenure which never become a burden for them. We works for you.

Get a Quote

Now apply for a Loan online, All you need to do is provide your details below application form.

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