About home loan and how does it work

We will help you with a loan program that meets your financial need and ensure your loan amount gets disbursed within seven working days.

Welcome to HomeLoans4U, the new brainchild of Capital Corp founded in 2010 by a vibrant entrepreneur’s team with a rich experience of 40 man-years in top banking /financial institutions. HomeLoans4U has expanded through its enormous network and now provides service that is unparalleled in the country. With a huge network of loan firms in Bangalore, HomeLoans4U has the flexibility to serve our client’s needs across India.

We are committed to helping you achieve your dream of homeownership by offering different loan options tailored to fit your unique needs and financial situation. HomeLoans4U specializes in home loans, mortgage loans and also has a wide range of products to meet the financial needs of all types of customers, from first-home buyers to investors.

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Find Loans We Offer

We will help you with a loan program that meets your financial need and ensure your loan amount gets disbursed within seven working days.

How does it work?

With these steps, you can secure a home loan and achieve
your dream of owning a home in India.


Choose Loan Amount

Getting a home loan in can seem like a daunting task, but with the right guidance, the process can be smooth and hassle-free. The first step is to identify the type of home loan you require, depending on your needs and financial status.


Choose Your Bank

Next, you must choose a reliable lender and compare the various loan options available to you. Once you have chosen a lender and a loan scheme, you will need to fill out the application form and provide all the necessary documents, including proof of income, identity, and address.


Get Your Cash

After submitting the application, the lender will conduct a thorough evaluation of your financial status and creditworthiness. If your application is approved, you will receive a loan offer that includes the interest rate and loan amount. Finally, you must sign the loan agreement and complete the necessary formalities to disburse the loan amount.

Why People Choose Us

The full spectrum of our services will help you to ensure a straightforward house buying process whenever and wherever you need it. We are dedicated to offering the best home buying experience and being your perfect home loan partner by combining efficiencies in our products, services, and procedures. You can rely on us for our services for the following reasons

Expert team

Quick clearance /disbursements

Door delivery services

Transparent & Professional approach

Customer centric

Loan interest rates & charges

Here is an exhaustive list of all the fees/charges to pay for the home loan.


Min in Apr


Max in Apr


Avg. in Apr

  • Description of charges
    Home loan
  • Loan processing charges*
    Maximum up to 1%
  • Pre-payment charges*
  • No due certificate
  • Solvency certificate
  • Penalty interest on delayed / overdue EMI
    write here your % of delayed payment

For further details, please Click here

Frequently Asked Questions

Here is an exhaustive list of all the fees and charges to be paid for the home loan.

The base rate is the minimum interest rate of a bank below which it cannot lend, except for cases allowed by RBI.

Repo (Repurchase) rate is the rate at which Reserve Bank of India lends shot-term money to banks against securities.
Reverse Repo rate is the rate at which banks park their short-term excess liquidity with Reserve Bank of India.

Floating rates are fluctuating in nature depends on the movement of base rate / RPLR rate, which inturn depends on repo rate / reverse repo Rate / CRR.
Floating Rates are linked to base rate / RPLR rate and the margin or discount will be constant throughout the tenure of loan.
Fixed Rate are supposed to be fixed throughout the tenure, however now only semi fixed products are available wherein rate of interest will be fixed for a certain period of time and thereafter floating.
** Foreclosure fees are charged by banks for the tenure when it is fixed.

Maximum tenure of loan depends on Type of Property and age of the applicant,

  • Maximum tenure for home loan (Resident Indians) – 20 yrs
  • Maximum tenure for home loan (Non Resident Indians) – 15 yrs
  • Maximum Tenure as per age (Salaried) – 58 yrs or Retirement whichever is earlier.
  • Maximum Tenure as per age (Self Employed) – 65 yrs.
  • Maximum Age of Property owner wherein income is not considered – 80 yrs

** Age mentioned is as on loan maturity.

Part payment and fore-closure fees have been waived by HFC’s as per direction received from NHB and most banks have also waived fore closure fees,

Co-applicant are the second applicant for the loan who become co-applicant for two reasons,

  1. They are owners of property.
  2. Their income is considered to arrive at loan eligibility.

** ALL co-owners have to be co-applicants for loan
** All co-applicants need not be co-owners.
Generally the below matrix is considered for applicant and co-applicant.

  1. Husband + Wife
  2. Father + Son
  3. Mother + Son
  4. Brother + Brother

** There can be more than one co-applicant in the loan.

Balance transfer or refinancing your existing loan is the process of replacing or extending an existing loan with funds from a different bank. When you change loan products with the same bank the process is often referred to as a loan switch or loan re-negotiation.

Most banks/HFC’s have waived foreclosure charges to close home loans currently in variable / floating rate, however fixed rate home loans and loan against property loans have foreclosure fees mostly 2% of the outstanding principal for home loans and between 2% – 5% for loan against property loans.
Loan processing fees needs to be paid to the new bank who are intending to take over the loan , have check on periodic offers from banks waiving processing charges for balance transfer loans

There are many factors that can influence the outcome of your refinanced loan. Interest rate is an obvious factor, but the costs to refinance (e.g. foreclosure charges, processing charges ) may outweigh the savings achieved by a nominally lower rate. On the other hand, additional features such as top-up loan, extended tenure may help give you extra savings making balance transfer a prudent choice. The key is to crunch the numbers, but it’s best to consult our home loan officer to help with your calculation.

Consolidating your debt can be a good strategy to keep your finances in order, but can turn out to be costly if not managed with care. Rolling short-term debts (such as your credit card or personal loan) into your mortgage may ease the immediate repayment pressure, but bear in mind you’re actually turning them into a long-term debt which means you’ll likely end up paying more in overall interest. You’ll be better placed to reap the full benefits of debt-consolidation when it’s combined with a commitment to reduce your spending or make extra repayments.

We are here to help you

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+91 9844141122


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