Home Loans

What is a Home Loan?

At Dream Finvest Group, our home loans are designed to make homeownership accessible by providing financial support for purchasing a new home, constructing a house, or renovating an existing property. With competitive interest rates, flexible repayment tenures, and a streamlined application process, our home loans cater to salaried individuals, self-employed professionals, and business owners looking to invest in their dream home.

Who Can Avail a Home Loan?

Our home loans are available to individuals who meet the following eligibility criteria:

• Salaried employees, self-employed professionals, or business owners.
• Age between 21 and 65 years at the time of loan maturity.
• Minimum monthly income of ₹25,000 for salaried individuals or ₹3 lakhs annual turnover for self-employed.
• Good credit score (preferably above 750).
• Stable employment or business continuity for at least 2 years.
• Property must be approved by relevant authorities and meet our lending criteria.

We evaluate applications based on income, creditworthiness, property value, and repayment capacity to ensure a smooth borrowing process.

Documents Required

To apply for a home loan with Dream Finvest Group, please provide the following documents:

• Identity Proof: Aadhaar Card, PAN Card, Passport, Voter ID, or Driving License.
• Address Proof: Aadhaar Card, Utility Bills (electricity/water), Rental Agreement, or Passport.
• Income Proof: Last 6 months' salary slips (for salaried) or last 2 years' ITR filings and financial statements (for self-employed).
• Bank Statements: Last 12 months' bank statements showing salary credits or business transactions.
• Property Documents: Sale agreement, title deed, approved building plan, no-objection certificate (NOC), and property tax receipts.
• Employment/Business Proof: Appointment letter/employee ID (for salaried) or business registration documents (for self-employed).
• Photographs: Recent passport-sized photographs of the applicant.

Additional documents may be required based on the property or applicant profile. Our team will assist you throughout the process.

Benefits of Home Loans

Choosing a home loan from Dream Finvest Group offers the following advantages:

• Loan amounts up to 90% of the property value (subject to eligibility).
• Competitive interest rates starting at 8.5% p.a.
• Flexible repayment tenure from 5 to 30 years.
• Quick approval and disbursal within 7 working days.
• Tax benefits under Section 24 and 80C of the Income Tax Act (as applicable).
• Minimal documentation with an easy online application process.
• Prepayment and foreclosure options with low or no charges after 6 months.

How to Apply

Applying for a home loan with Dream Finvest Group is simple and hassle-free:

1. Visit our website or nearest branch to fill out the online application form.
2. Submit the required personal, financial, and property documents.
3. Receive preliminary approval based on eligibility and property valuation.
4. Our team will verify your documents and conduct a property assessment.
5. Upon final approval, funds will be disbursed to your account or directly to the seller/developer.

Contact our dedicated home loan support team for any assistance.

Interest Rates and Fees

Our home loans come with transparent pricing:

• Interest Rate: Starting from 8.5% p.a. (fixed or floating, based on profile).
• Processing Fee: Up to 1% of the loan amount + GST.
• Foreclosure Charges: Nil for floating rate loans; 2% on outstanding amount for fixed-rate loans after 6 months.
• Part Prepayment: No charges for floating rate loans; up to 25% of principal annually with no charges for fixed-rate loans.
• Late Payment Fee: 2% per month on overdue EMI.

Note: Rates and fees are subject to change. Please consult our team for the latest details.