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Pre-approved Home Loan
A pre-approved home loan is a great way to start your home-buying journey. It gives you a clear idea of how much you can borrow from a bank or lender before you even start house hunting.
A Pre - Approved Home Loan is a facility provided by financial institutions(banks, non - banking financial companies or NBFCs) that allows potential homebuyers to get a home loan offer based on their financial profile, even before they choose a specific property.This pre - approval process provides a clear idea of the loan amount you can get, the interest rates applicable, and other loan terms based on a preliminary evaluation by the lender.