Home Loan Advisory
Our in-house team helps customers in choosing the right lender, based on their requirements. Our CRM team draws from its years of experience and updated knowledge to advice our valuable customers regarding all aspects of Home Loan. Ranging from their loan eligibility, floating-Vs-fixed interest rates, EMI, loan tenures and even personal financial advisory, our experts will guide you through the entire maze.
All our projects are approved by leading banks and housing loan companies, e.g. SBI, ICICI Bank, HDFC Bank, LIC Housing Finance etc. This makes it very convenient to secure a loan from any of these organizations. Buyer can choose any of these lenders based on his own requirement and best interest rates etc.
Home Loan Documentation
Team Jupiter helps all home buyers seeking home loan in preparing the documents for a hassle free process. We keep the updated list of all documents required by each lender and share it with the buyers well in time, so that that they are not made to run around procuring documents at the last moment. This saves them time and effort, besides assuring timely disbursement of Home Loan and timely payment of their dues, without any worries.
Project Documents Required for Home Loan
Our Customer Relationship Managers are responsible to provide all project related documents required by lending agencies to customers whenever required. This helps them avoid multiple trips to the bank or offices. All our projects are free of all encumbrances, thus making the process smooth and hassle-free.
Things You Must Know about Tax Benefits on Home Loan
1. Home loan borrowers are entitled to tax benefits under Section 80C and Section 24 of the Income Tax Act. These can be claimed by the property’s owner. 2. In the case of co-owners, all are entitled to tax benefits provided they are co-borrowers for the home loan too. The limit applies to each co-owner. 3. A co-owner, who is not a co-borrower, is not entitled to tax benefits. Similarly, a co-borrower, who is not a co-owner, cannot claim benefits. 4. Housing companies usually require all co-owners to be joint borrowers to a home loan. Loan providers specify who can be a joint borrower for a home loan. 5. The tax benefit is shared by each joint owner in proportion to his share in the home loan. It’s important to establish the share for each co-borrower to claim tax benefits. 6. The certificate issued by the housing loan company, showing the split between principal and interest for the EMIs paid, is required for claiming tax benefits.