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18 June, 09:05

Mention any 2 requirement a borrower has to fulfill before taking a house loan

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  1. 18 June, 09:28
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    The correct answer to this open question is the following.

    The two requirements a borrower has to fulfill before taking a house loan would be a valid certificate that states the income he/she earns in a year and a document that says that the individual is actually working and the salary it receives.

    These two documents are very important to take a house loan because it indicates the owner or the real state company that the individual has the money to cover the expenses and that is actually working and receiving a salary that allows it to have the moned to cover the monthly payments.
  2. 18 June, 10:46
    0
    Being a citizen of the relevant county.
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