The lowest interest rates and charges over the last three years have made it easier to buy your dream home using a home loan. If you are planning to buy a house in the New Year 2022, you can easily apply for a home loan from a bank or reputed financial institution. If you are a first-timer, a bit of research would not only make you eligible for a home loan but reveal some important things that you should be aware of. They carry out a comprehensive process to determine the eligibility criteria of an applicant for a home loan. The maximum eligible amount and interest rates are also determined by the bank/lender based on the applicant’s profile which includes income, employment type, credit score, etc. Read more here about Home Loan Eligibility Criteria