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Frequently asked questions (FAQ’s)

• 1What are Wonder Home Finance home loans all about?+-

  At Wonder Home Finance, we understand the unique needs of the low & middle-income housing-segments where end-users are keen to own their own home. We provide localized processing of your proposals, to facilitate property purchase. With competitive home loan interest rates, multiple product options and a team of dedicated professionals bringing our services to your doorstep.

• 2What are the different types of home loans we provide?+-

  For construction & purchase of a property. For acquiring a plot to construct a house. For re-sale, renovation/Home Improvement & Extension of an existing house. For balance-transfer & top-up of an existing Loan from a few specified lenders. For personal as well as for business-purpose, Loan Against Property is available

• 3What is the loan process?+-

  Step 1: Submit loan application with all required documents for KYC, Income, Property title and Valuation. Step 2: Official visits for Filed Investigation, Personal Discussion & Tele-verification. Step 3: After clearance of all queries related to Income, Property Title and valuation, the sanction decision is made. Step 4: Submission of all requisite Documents for Disbursal, post verification the Disbursal is made, depending on the Loan type. All key internal processes are handled by a dedicated and knowledgeable in-house team to ensure your application is given due attention and to maintain the highest level of confidentiality.

• 4How do I apply?+-

  Leave your contact details here or Write to us at hello@wonderhfl.com or Visit us at our nearest branch.

• 5Is there a pre-payment or part-payment option for your product?+-

  Yes. You can prepay or part pay the loan, subject to terms & conditions specified and as per guidelines stipulated by NHB from time to time.

• 6What is the maximum loan I can borrow?+-

  Loan amount is subject to income and valuation of Property.

• 7What are my tenure options?+-

  You can choose tenure options between 5 to 20 years.

• 8Can I get a Home Loan without a bank account?+-

  No, you would need to show a bank statement for the past 6 months.

• 9Can I claim income tax rebate on my loan?+-

  Yes, you can avail a deduction as per the current tax slab.

• 10Still Have Any doubts?+-

  To get answers to process-related questions, please fill the form and our team will get in touch with you.