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HOME LOAN 101.2

Required Documents for Home Loans The loan purchaser is divided into 2 categories: Employer (Er) and Employee (Ee). Then the Ee is further sub-divided into salaried employee and commission earner. Cash purchaserLoan purchaser or Mortgagor Employer Employee Salaried employee Commission earner For loan purchasers, the standard documents that banks generally require are: Copy of purchaser's...

CLOSING THE DEAL (PART 1): ATS ATP ED

Even though both parties have mutually agreed on a price, but the deal has yet to be concluded. It is only 50% in progress. A few documents are required and have to be completed in order for the first part of this deal to be closed. Authorisation To Sell (ATS) or appointment letter by the sellerAgreement To Purchase (ATP), confirmation for sale form, or booking formEarnest Deposit (ED) via cheque/...

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