When you think of buying a home, you generally have no idea where to start from and what to do next. Therefore, planning is very important. More importantly, you need to know whether you are ready to buy a property in the first place!

I would give you a few points, a little bit different from what people generally think, and I hope this will make sense to you.

Few important things about the account conduct as lenders are turning their eyes on this later when they look at your home loan application.

As much as Banks appreciate your good pay slips and saving pattern, good account conduct is also equally an important aspect to get the finance approval these days.

As first home buyers we often get into a dilemma where is the best place to buy our first home is. We at Capkon have been telling this to everyone we meet. Some of you may already know what we are going to say here. Yes, you heard us right. It’s where you plan to live for the next 5 years.

Think about it this way.

A whole lot of us are self-employed and on a surprising note, most of us are even aware that we would be treated as self-employed when it comes to borrowing money for a home loan. Let us look at how banks look at your income when they assess your application for a home loan so that you can tick off your dream home from the bucket list.