Are you making the same mistakes when applying for a home loan?

When purchasing a new property, it is common for property owners or brokers to insist on applying for a home loan on behalf of the client. However, a home loan is more than just getting the money to buy a house. During the loan sanction process, the bank thoroughly checks the legal papers and the title of the property with the registrar, as well as conducts a valuation done by a certified valuer. When a broker or property owner arranges the loan on behalf of the client, the client may not be aware of these processes and may unknowingly invest a major part of their property without understanding the implications. It is important for clients to be fully informed and involved in the home loan process to protect their interests.