For those looking to increase home loan eligibility, the factors that determine home loan eligibility should be considered carefully. For home loan eligibility, lenders consider the following factors:
• Credit score and credit history
• Age of the borrower
• Income source, i.e. salaried/self-employed and nature of employment
• Current debt to income ratio
• Existing relationship with the lender
Use a home loan eligibility calculator to know the amount that you are eligible for, instantly.