Mortgage Company Reviews

Union Home Mortgage Review – Mortgage Loans and Loan Against Property (2020 and Beyond)

union-home-mortgage-review-mortgage-loans-and-loan-against-property-2020-and-beyond

Union Home Mortgage Review – Highest Rated?

In this video, we are going to show you everything you need to know about MORTGAGE LOAN and LOAN AGAINST PROPERTY (LAP) in Hindi.

We will discuss different topics like, what is Mortgage Loan or Loan Against Property, categories of Mortgage Loan, Mortgage Loan Interest rates, documents required for Mortgage Loan, process of Mortgage Loan, all about Mortgage Loan application form, how to apply for Mortgage loan or Loan against Property.

At start, we have discussed two important parameters of Mortgage Loan or Loan against Property.

(1) Type of Property and Property Market Value.
There are 4 types of Property.
– Residential
– Commercial
– Industrial and
– Open Plot
There are 3 sub-categories as well like Self occupied, Rented and Vacant.

Mortgage Loan is possible in all of these properties.
Bank/NBFC will give Loan by evaluating “Loan to Value Ratio (LTV)”.
LTV indicates maximum loan possible against Market value of property. We have discussed LTV in detail.

(2) Income
Bank/NBFC will calculate your income from one of the 3 programs.
• Normal Program
• Liquid Income Program (LIP) and
• No Income Program (NIP)

By studying these 2 parameters, bank will decide your Mortgage Loan amount. We have also discussed Mortgage Loan Tips like “Importance of Proper End use” and “Importance of comparing multiple banks.

LIST OF BASIC DOCUMENTS:
For Self Employed:
1. Proof of identity i.e. Self-certified copy of Voter’s ID card / Driving License / PAN Card / Aadhaar Card / Passport / Photo Ids, issued by Govt. authority etc.
2. Proof of Residence i.e. Recent telephone bill / Electricity bill / Property tax receipt / Voter’s ID card / Aadhaar Card / Passport of Individual / Proprietor / Partners, Certificate issued by Govt. Authority/Local Panchayat / Municipality etc.
3. Applicant’s Recent Photograph (2 copies) not older than 6 months.
4. Proof of Identity / Address of the Business Enterprise.
5. Statement of Savings Account from the existing Banker, for the last 1 year.
6. Existing Loans sanction letters.
7. Last 1-year current account statement.
8. Full Property File with Plan, permission and completion.

For Salaried:
1. Proof of identity i.e. Self-certified copy of Voter’s ID card / Driving License / PAN Card / Aadhaar Card / Passport / Photo Ids, issued by Govt. authority etc.
2. Proof of Residence i.e. Recent telephone bill / Electricity bill / Property tax receipt / Voter’s ID card / Aadhaar Card / Passport of Individual / Proprietor / Partners, Certificate issued by Govt. Authority/Local Panchayat / Municipality etc.
3. Applicant’s Recent Photograph (2 copies) not older than 6 months.
4. Statement of Savings Account from the existing Banker, for the last 1 year.
5. Last 6 months salary slip.
6. Last 2 years Form-16.
7. Full Property File with Plan, permission and completion.

In short, we have explained these topics like:
What is Mortgage loan?
What is Loan Against property?
What is the meaning of Mortgage loan?
What are the advantages and disadvantages of taking a Mortgage Loan?
Which properties are required for getting Mortgage Loan?
What is the process of taking a Mortgage Loan?
What are the eligibility requirements for taking Loan Against property?
What documents are required for getting Loan Against property?
What are the advantages and disadvantages of Loan Against property?
How to get Loan Against property?
How to calculate loan eligibility for Loan Against property?
For which purposes you can take Loan Against property? and
What are the interest rates for Loan Against property?

You can also check out these related videos:
Pradhan Mantri Awas Yojana- PMAY (Home Loan Subsidy): https://youtu.be/37K-3GlAQk8
Mudra Loan: https://youtu.be/xbigGrSIMf4
Home Loan: https://youtu.be/znQHsXRNgw0
5 important things to consider before taking loan: https://youtu.be/RrHC6ao1VC0
Personal Loan/ Business Loan: https://youtu.be/TFyzshjlCt8

If you’re looking to know more about Loan, Subsidy and Government Schemes and all other important updates regarding loan, make sure to subscribe to our YouTube channel.

Facebook page: https://www.facebook.com/redpostloan/
Website: www.redpostloan.com

Thanks for watching the Union Home Mortgage Review video!

Watch the Union Home Mortgage Review video on Youtube

23 Comments
Share

23 Comments

  1. Paras Raval
    July 23, 2021 at 9:51 pm

    Home lone ho ghya he aab bank wale kahete he morgaje karna pade gha ,ushka kya Matlab?

  2. Jai Laungani
    July 23, 2021 at 9:51 pm

    Kya aap paid consult dete hai, mujhe kuchh call karke puchhna hai

  3. Ajab Gyan
    July 23, 2021 at 9:51 pm

    Eligibility kitna rhta hai calculation kaise krte hai

  4. Ajab Gyan
    July 23, 2021 at 9:51 pm

    Mortage loan criteria for business person❓️

  5. Vishal kumar
    July 23, 2021 at 9:51 pm

    Home credit ka defaulter hone pr kiya bank se mortgage loan mil sakta hai, agenst GPA Property

  6. Shabana Shakir
    July 23, 2021 at 9:51 pm

    Can i sarender my land (3meter) for car aproach, my property is mortgage in SBI.

  7. D.singh Chhetri
    July 23, 2021 at 9:51 pm

    Hello sir new plot lene or usme house banane k liye loan milta h kya

  8. FITNESS PLANET GYM Jodhpur
    July 23, 2021 at 9:51 pm

    Sir ap har video Shandar hota h jo bahut helpful hua muje
    Sir mera question h ki mera gym h our LIC Housing muje loan ka mana kar rahi h ki humne lockdown k baad gym owner ko home loan nahi de rahe
    So plz kya sahi h plz reply me
    My phonumber is 9829022767

  9. Manoj Karnawat
    July 23, 2021 at 9:51 pm

    Maine bank se mortgage loan liya tha bank employees ne misguide karke 14 parcent fixed rate par de diya hai 2sal ki emi dene ke bad doosre bank me fore closure amount me loan amount se jyada amount mang rahi hai

  10. Deepak BHOSALE
    July 23, 2021 at 9:51 pm

    मै सरकारी पेन्शन लेता हू मुझे लोन मिल सकता है कया?

  11. Sachin Gawande
    July 23, 2021 at 9:51 pm

    Hi sir
    Mujhe mortgage loan karna hai but maine kisi dusre ko pawor of attorney aur satekhat karke diya hai to mai meri is property ko mortgage kar sakta hu ya nhi please suggest me
    Thank you

  12. Akash Jagtap
    July 23, 2021 at 9:51 pm

    Home loan ke liye mortgage loan le sakate he kya sir??

  13. Prashant Dhodi
    July 23, 2021 at 9:51 pm

    Can I transfer the morgauge loan money to my blood relationship as a gift money and they can buy gold jewellery with that.

    And should I make gift agreement 1st then I should transfer or I transfer then I can make the agreement.

    All others are confusing me.

    9773264839

  14. Parshuram Pandit
    July 23, 2021 at 9:51 pm

    सर प्रॉपर्टी पिता जी के नाम से हैं तो क्या मॉर्गेज लोन मिल सकता है
    प्लीज बताएं

  15. Sani Porwal
    July 23, 2021 at 9:51 pm

    Sir muje ye janna tha ki mene morgej lon liya tha.. Pr uska byaj dar bahut he 18%he .. Kam karne ke liye ky krna chiye..

  16. jungle gamer
    July 23, 2021 at 9:51 pm

    Sister ke sadi ke liye lone mil sakta h

  17. Neeraj Kala
    July 23, 2021 at 9:51 pm

    Agar kuch ecs dishonour hue lockdown ke karan tau reject ho jayega loan

  18. hadish mohammed
    July 23, 2021 at 9:51 pm

    Mortgage loan per kya sir income tax department ka notice toh nahi aayega pl batana.

  19. Prasoon Kumar
    July 23, 2021 at 9:51 pm

    Mortgage loan ke liye income hona jaruri hai kya ? Agar jaruri hai aur ham sallery person nhi hai to fir kaise income dikha payenge ..(yani meri income account me nhi aati hai income cash me hi aati hai )

  20. Jaypal Singh
    July 23, 2021 at 9:51 pm

    Sir mujhe kheti par lone modgage lone chiye

  21. Parshuram Pandit
    July 23, 2021 at 9:51 pm

    मॉर्गेज लोन का सालाना ब्याज दर क्या हैं
    पिलीज बताएं सर

  22. Ramsingh Rajpurohit
    July 23, 2021 at 9:51 pm

    Mere gift deed property h patta mere name se nahin hai patta father k name h sbi se loan milega kya registered gift h

  23. Bhausaheb Shinde
    July 23, 2021 at 9:51 pm

    Patent pe loan Kay se milega