Financing is often the most confusing part of a property purchase — yet it determines how much home you can actually afford.
A few essentials every MMR buyer should understand before approaching a lender:
Loan-to-Value (LTV) ratio:
Most lenders finance 75-90% of the property value depending on the loan amount slab; the balance must come from your own funds.
Eligibility factors:
Income stability, existing EMIs/obligations, credit score, and age all affect both eligibility and the interest rate offered.
Fixed vs floating rates:
Understand how each behaves over your expected loan tenure, not just the starting rate.
Pre-approval:
Getting a sanction letter before finalizing a property strengthens your negotiating position and avoids last-minute financing gaps.
Hidden costs:
Processing fees, legal/technical valuation charges, and prepayment terms vary meaningfully across lenders
Many buyers approach financing only after selecting a property — which limits their options. A better sequence is understanding your borrowing capacity before you start shortlisting, so you’re negotiating from a position of clarity. Advisory and Transactions PBS helps clients sequence the financing and property search together, not as two disconnected steps.
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