Available remedies to get housing loan without ITR or Income proof

For all the professional firms offering loan against Gurgaon property, the income proof along with certain other sets of documents are really essential to prove your repayment status. ITR for 2 to 3 years is a must document to seamlessly process with your loan application. But if you are a freelancer or unemployed and do not have an ITR or any other income proof, then you can follow certain tips to try and find an alternative for your problem.

Here are some of the tips that you must implement if you want to avail housing loan without ITR or any income proof. 

1. Get in touch with the Relationship Manager

You might have a savings account so far for which you will have been assigned to a relationship manager as per the bank norms. You must contact them for all your concerns regarding any financial queries. You can talk to your relationship manager that you will definitely pay the amounts on time and on a regular basis. Convince them, and then you can ask them for any kind of loans available that you can make available without ITR or any income proof.

2. Mention a co-applicant

Your family members can help you get a Home loan in Delhi NCR if they have a good credit history and score along with regular income source. Add them or mention them as your co-applicant with their consent to help increase the chances of getting your loan approved without the need of your ITR or income proof. In case there are any multiple owners of the property put up as security for the loan, then they all need to be the co-applicants for the loan process.

3. Talk to the loan officer

Even if you do not have your ITR with you, you can still talk to the officer to convince them as before approval or rejection of the loan; the officer will take a glance at the property. You can definitely explain your business details or your source of income through freelancing modes clearly to help convince the officer to increase your chance of getting the loan approved.

4. Justify the reasons to the officer for unavailability of documents

You can talk to the loan officer or the professionals of the financing firm of Gurgaon to explain the reasons behind the unavailability of the necessary documents. If they find it genuine, then there is a high chance that the loan against property will be approved after a minor background check. You can also go ahead and file the taxes for the current year to be on the safe side to give weightage to your reasons.

5. Take a note on your savings bank account activity

After agreeing on approving the loan against property without ITR or income proof, the officers will check the banking habits to ensure that you have enough funds in your account every month. It will give you a more positive chance of getting the loan approved without much hassle.

These are a few of the tips that you can follow to seek housing loans against property without any source of income proof or ITR. You can go online and check on the loan calculator on salary basis or income basis to get a clear idea.

The Incredit.com is a professional firm that welcomes the requests for housing loans against property without ITR. To know more about the rates of interests and other information, log on to the website https://www.inrcredit.com/ today.

Source: http://prsync.com/inr-credit/available-remedies-to-get-housing-loan-without-itr-or-income-proof-3280879/