I am going to India in December for just 3 weeks. Now I need to search for a house and also apply for home loan and get it approved. Now I know its not going to happen in 3 weeks, my question is can my mom who lives in India take care of the ENTIRE process once I leave back for the US, if I give her to Power of Attorney? Also can I apply for an NRI home loan while sitting in the US? I am doing this for the first time, so any tips for buying a home in Mumbai are welcome.
NRI Home Loan?
I m in Dubai since 6 month, I m having plot in Junagadh(Gujarat) on my mothers name, i want to take loan against plot from Citibank to built a bunglow( not having NRI bank account yet ), Upto what amount i can get a loan? What are the legal procedure & document required for the same?
Which is the best bank to opt for home loans for NRI.?
I am an Indian.Currently i am in middle-east.I am planning to take a home loan from either of the following banks. SBI,ICICI. which one is better .Also let me which one to opt for fixed floating rate interest or floating rate of interest?
I want home Loan by NRI funding Co.,Trust(6%-7%)?
What kind of information are you looking for?
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