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Who can be co-applicants for the housing loan?

April 26, 2017co-applicants HOUSING loan

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Who can be co-applicants for the housing loan?

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Usually your spouse, your parents, or even your children can be your co-applicants and their incomes can be clubbed with your income to enhance the amount of loan you are eligible for.

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Usually a spouse can be a co-applicant. Other immediate family members are also acceptable to some companies, depending on merits. If both partners are working, it is better to have your spouse as a co-applicant since this will entitle you to a much larger loan.