Hero Housing Finance Home Loan for Self Employed

Hero Housing Finance is the easiest way for self-employed people to get home loans. They offer different loan plans to fit your income, no matter how much you make. They even accept papers for many properties, like Lal Dora or Society Patta. Their process is quick and easy, so you can get approved fast and get the money for your home soon. They are upfront about their fees and offer competitive interest rates. Because they can tailor loans to your situation, Hero Housing Finance is a good choice for self-employed people who want to buy a house.

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Written By
Utsah Sharma
Utsah Sharma
Utsah Sharma is a seasoned financial expert with a Master’s Degree in Commerce specialising in Financial Services, Investments, Loan Assessments, Mutual Funds, Banking & Loan products. Drawing on her experience, she has established herself as a trusted voice, providing invaluable insights and guidance to seasoned investors and beginners. She is committed to breaking down the complexities of everything finance.
Reviewed By
Piyush Bothra
Piyush Bothra
Chief Financial Officer, Square Yards
Piyush Bothra is the Chief Financial Officer at Square Yards, bringing over two decades of rich experience in finance and leadership. He is an MBA graduate from the prestigious IIM Lucknow and holds a BE in Information Technology from Sardar Vallabhbhai Patel Institute of Technology. He has played pivotal roles in scaling businesses and driving financial strategies. At Square Yards since 2015, Piyush is known for his strategic vision, strong financial knowledge, and valuable financial insights, significantly contributing to the company's growth and success.

Hero Housing Finance Home Loan for Self-Employed – Highlights 

Here are the highlights of Hero Housing Finance home loans for self-employed individuals:

Eligibility Criteria Accepts self-employed individuals with varying income profiles
Acceptance of Property Types Funds properties like Lal Dora, Freehold, Society Patta, etc.
Quick and Hassle-Free Loan Processing Loan approval and disbursal within a streamlined timeframe
Competitive Interest Rates Offers attractive rates compared to market standards
Transparent Fee Structure Clearly defines processing fees, legal charges, and administrative costs
Customised Loan Solutions Tailors loan options to meet specific borrower needs

Hero Housing Finance Home Loan for Self-Employed – Fees and Charges 

Hero Housing Finance charges fees such as processing fees, legal fees, and administrative charges for home loans to self-employed individuals. These fees vary and are explained when you apply for the loan.

Hero Housing Finance Home Loan for Self-Employed – Documents Required 

For Hero Housing Finance home loans for self-employed individuals, you’ll only need basic documents like a PAN, Aadhaar, bank statements, income tax returns (ITR) or financial statements, property documents, and passport-sized photographs.

Hero Housing Finance Home Loan for Self-Employed – Eligibility Criteria 

Hero Housing Finance provides home loans for self-employed individuals with flexible eligibility criteria. They make it easier to qualify for a loan without strict income verification, ensuring accessible homeownership solutions for various financial situations and property types.

Frequently Asked Questions (FAQs)

What is the repayment term for Hero Housing Finance home loan for self employed?

The repayment term for Hero Housing Finance home loans for self-employed individuals is up to 30 years.

What is the minimum age for a Hero Housing Finance home loan for a non-salaried person?

The minimum age requirement for a Hero Housing Finance home loan for non-salaried persons is 21 years old with a stable job. 

What is the tenure limit for Hero Housing Finance home loans for non-salaried people?

The tenure limit for Hero Housing Finance home loans for non-salaried individuals is up to 30 years.

What is the minimum and maximum Hero Housing Finance home loan amount for a non-salaried person?

The minimum and maximum Hero Housing Finance home loan amounts for non-salaried individuals range from 5 lakhs to 3 crores.

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