I have zeroed down on two flats which I wish to buy. Can I take two separate home loans at the same time for these two flats? Can I borrow from the same bank for these two loans?
You can borrow from the same lender to fund your dreams to buy two homes
I have zeroed down on two flats which I wish to buy. Can I take two separate home loans at the same time for these two flats? Can I borrow from the same bank for these two loans?
Ritesh Pathak, Bhopal
You can borrow from the same lender to fund your dreams to buy two homes, even if the properties are not in the same city. However, the loan sanction will depend on the income, the location of the property and your repayment history on any existing or past loans. The credit score details will also be ascertained to arrive at your credit capability and the loan sanctioned accordingly.