HOME LOANS

Opulence FinServ consult comprehensive home loan solutions tailored to your needs. Whether you're purchasing your dream home or refinancing an existing mortgage, we provide expert guidance and personalized assistance every step of the way. With competitive interest rates and flexible repayment options, we strive to make the home buying process smooth and hassle-free. Trust Opulence FinServ for all your home loan needs and embark on the journey to homeownership with confidence.

1. Initial Consultation:

• The process begins with an initial consultation where the customer meets with      a representative from Opulence FinServ. During this meeting, the customer's financial situation, requirements, and preferences are discussed home loan approval process.

2. Documentation Collection:

For Salaried Individuals:

• Proof of Identity: Passport, Aadhar Card, Voter ID, etc.
• Proof of Address: Utility bills, Aadhar Card, Rental Agreement, etc.
• Income   Proof: Salary slips for the last 3-6 months, Form 16, Income Tax Returns.
• Employment Stability: Employment offer letter, job continuity proof, etc.
• Bank Statements: Bank statements for the last 6 months.
• Property   Documents: Agreement for sale, allotment letter, etc. (if applicable).
• Any other relevant documents: Such as existing loan statements, if any.

For Self-Employed Individuals:

• Proof of Identity: Passport, Aadhar Card, Voter ID, etc.
• Proof of Address: Utility bills, Aadhar Card, Rental Agreement, etc.
• Income Proof: Business registration documents, income tax returns for the last 3 years, balance sheets, profit and loss statements, etc.
• Business Stability: Proof of business existence, turnover proof, etc.
• Bank Statements: Business and personal bank statements for the last 6 months.
• Property Documents: Similar to salaried individuals.

3. Pre-Qualification:

• Opulence FinServ evaluates the documents provided by the customer and determines the loan amount for new loan the customer is eligible for based on their income, credit history, and other factors.

4. Loan Application:

• Once pre-qualified, the customer fills out the loan application form provided      by Opulence FinServ. This includes details about the property, loan amount, repayment tenure, etc.

5. Verification and Processing:

• Opulence FinServ verifies the documents provided by the customer. This may involve contacting the employer or visiting the business premises for self-employed individuals.
• The loan application is processed by Opulence FinServ and submitted to the      chosen bank or financial institution.

6. Property Valuation and Legal Check:

• The chosen bank or financial institution conducts a valuation of the property      to determine its worth.
• Legal checks are carried out to ensure the property has clear titles and there      are no legal disputes.

7. Loan Approval:

• Once the valuation and legal checks are satisfactory, the bank approves the      loan application.
• Opulence FinServ communicates the loan approval to the customer.

8. Documentation and Disbursement:

• The customer signs the loan agreement and other necessary documents.
• The loan amount is disbursed either directly to the seller/developer in the      case of a new property or to the customer in the case of a resale property.

9. Repayment:

• The customer starts repaying the loan as per the agreed repayment schedule.

10. Post-Disbursement Services:

• Opulence FinServ provides assistance to the customer for any post-disbursement queries or requirements.

This comprehensive process ensures a smooth and transparent experience for both salaried and self-employed individuals seeking a home loan through Opulence FinServ at Mira Road East, Thane, Mumbai

Please note that the information provided here is for illustrative purposes only and may not cover all aspects of home loan offerings or legal requirements specific to Opulence FinServ or Indian law. Applicants should always refer to the official website or consult with Opulence FinServ directly for the most accurate and up-to-date information.