Features
- Loan amount: $500 to $100,000
- Term: Up to 20 years
- Monthly Interest rate: 1.20%-1.40%
- Processing 1.20% -1.50%
- Allow both Soft and Hard title
- Repayment: Either Fixed Principal Payment or EMI (Equated Monthly Installment)
- Home
- Product & Service
- Home Loan
Product Detail
A First Finance Home Loan allows low- and middle-income families to own their first homes. They can borrow up to 60% of the home’s value to repay over a term of up to 20 years. This loan is offered at a competitive rate and also allows the client to have up to 3 Joint-borrowers (immediate family members).
Benefits
- Allow prepayment anytime without penalty*
- The longer the loan tenure the lower the monthly loan repayment amount
- Financing up to a maximum of 60% of the total cost
- Loan top-ups allowed
- Robust service delivery model - At-Your-Door-Step services ensure easy and fast approval & disbursal of loans.
- Dedicated team of well-experienced employees who work on delivering and providing customer satisfaction
- High standards of ethics, integrity, and transparency
- Various repayment options (Wing, True Money)
- First Finance reserves all right for changes without prior notice
Qualification
Required Documents
- Age: 18 to 65 years old
- Have a good credit record and reputation
Proof of Identify
- National ID Card or Passport or Birth certification + Letter certified by local authority
- Family book or Residential Book
- For Salaried Employees
- Income and expense Invoices
- Proof of Expense
Proof of Income
- For Salaried Employees
- Employment Contract or Staff ID Card
- Pay Slip (the latest 3 months) or Bank Statement (the latest 3 months)
- For Self Employed / Business
- Rental Contract or proof of business ownership
- Patent (if available)
- Letter certified by the relevant authority (if available)
- Income and expense Invoices
Proof of Expense
- Utility Bills (water + electricity) (the latest 3 months)
Answering questions about products and services
FREQUENTLY ASKED QUESTIONS
Why is my credit score important and where can I get it?
LOAN CALCULATOR
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