365 E Loans Logo

Mortgage loan

Mortgage Loan Eligibility

Both Self Employed or salaried people irrespective of the income can avail mortgage loan. Mortgage
loan eligibility factors encompasses of:

  • Income
  • Property Valuation
  • Age
  • Existing liabilities
  • Financial Documents
  • Current Work Experience
  • Number of Dependents

Documentation required for Mortgage loan:

For Salaried:

  • Identity and Address Proof
  • Form 16
  • Latest Salary Slips
  • Application form with photograph
  • Bank Statements (Last 6 months)
  • Processing fee cheque


  • For Self-Employed:


  • Identity and Address Proof
  • Proof of business existence & Education Qualifications
  • Last 3 years P&L and Balance Sheet
  • Application form with photograph
  • Last 3 years ITR
  • Bank Statements (Last 6 months)
  • Processing fee cheque

Benefits of Mortgage Loan

  • Buying capacity
  • Cost effective
  • Easy to repay
  • Better credit score
  • Tax benefits

Mortgage loan

A Mortgage is a type of loan in which property or real estate are accepted as a collateral (asset pledged by a borrower to a lender in return of loan). The borrowers receives some amount of loan from lender upon agreement to return amount over a set time span until the complete loan amount is return back to the lender. Mortgage loan are of different types based on their term dates (depended on institution), amount of payments per period and interest rates. Generally mortgage loans are taken by the individuals and business owners to make large real estate’s purchases without paying the complete value of the purchase up front. For a period of many years, associated interest, the borrower repays the loan, until the borrower completely owns the property free and clear. Mortgages are referred in different terms such as “loans against property” or “claims on property”. If the borrower stops paying the mortgage, the bank can foreclose. Mortgage loans comes in different types based on interest rates.

Why to go for Mortgage Loan?

Mortgage loans are easy to go either with direct lenders or with brokers. But you must have clear idea
about mortgage loans and choose the best deal such as-

  • The rate- Fixed rates/ Tracker Rates/ Discount rates
  • How to repay the loan
  • How much you need to borrow
  • Charges and fees
  • A secured loan
other loans

Other products

Car Loans

At some point of time in our life, we come across with the need of having a car.

Personal Loans

Personal loan is framed to meet the unexpected incidents we come across in our life.

Home Loans

Home loan is provided by top banks, but it’s a very daunting task to take decision to opt loan from which bank.

Apply For Loan Today