Loans for New Flat Purchase from Mohan Finserv
Are you dreaming of owning a brand-new flat in Chennai but need financial assistance to make it happen? Mohan Finserv is here to guide you through every step of the loan process, making it simple and stress-free. Our new flat purchase loans come with competitive interest rates, flexible repayment options, and personalized assistance.
Loan Process and Procedure for New Flat Purchase
Initial Consultation:
The process begins with a consultation to understand your financial requirements, eligibility, and preferred loan amount. This stage involves discussing your income, current liabilities, and credit score.
Application Submission:
Once you’ve chosen the loan plan that suits you best, submit a completed loan application form along with the required documents, which typically include identity proof, address proof, income statements, bank statements, and property details.
Documentation and Verification:
Our team at Mohan Finserv will assist you in compiling all necessary documents. This stage involves verification checks to confirm your income, employment details, and property documents.
Loan Approval:
After the documentation process, the loan application is evaluated and approved based on eligibility and creditworthiness. This is followed by a sanction letter detailing the approved loan amount, interest rate, and other terms.
Property Valuation and Legal Check:
We conduct a thorough legal and technical check of the property to ensure clear ownership and market valuation. This step ensures that your investment is secure.
Loan Agreement and Signing:
Post approval, you’ll be asked to sign the loan agreement. This agreement outlines the terms, repayment schedule, and other conditions of the loan.
Disbursement of Funds:
Once all formalities are complete, the approved loan amount is disbursed directly to the seller or developer.
At Mohan Finserv, we ensure a quick disbursal so you can take possession of your new flat without delay.
Why Choose Mohan Finserv?
Local Expertise:
With a deep understanding of Chennai’s real estate market, we provide insights that help make informed decisions.
Competitive Interest Rates:
We offer attractive rates that make your home loan affordable.
Dedicated Support:
Our team is available at every stage to answer questions, offer advice, and ensure a smooth experience.
Flexible Repayment Options:
Choose from various repayment plans to fit your financial situation, making homeownership manageable.
Start your journey to owning a flat in Chennai today with Mohan Finserv. Let us make your dream home a reality with reliable, transparent, and efficient home loan solutions.