As a home loan borrower, you may seek a high loan amount. It can provide the financial security you need to purchase your dream home. Whether you are looking to buy a home or simply need more money to cover your expenses, a high loan amount can be the right solution for you. It is important to take the time to understand the process. Wondering what you need to do to get a high loan amount? You are not alone. There are a lot of people in the market who are curious to know about this.

When you are looking for a high loan amount, it is important to be prepared. There are certain things that you will need to do in order to make sure that you get the best deal possible. In this post, we will discuss some of the things that you can do to make sure that you get the right loan for your needs.

Build up your Credibility

Your credit history has a notable impact on your Home Loan eligibility. Improving your credibility is the best solution if you need a higher loan amount. If you are paying credit card dues or EMIs on time, this will clearly indicate your seriousness towards loan repayment. This will result in a better credit score which would result in getting a higher loan amount.

Clear your debt Obligation

If you are already repaying an existing loan like a personal loan, car loan, education loan, etc., try and clear the existing loans for a better chance at securing a higher Home Loan amount.

By clearing off your other debt obligations, you will be left with more disposable income, thereby increasing your home loan eligibility. It is understood that you are in a position to pay a higher EMI towards your Home Loan once you are cleared of liabilities. This way, you will be more eligible for a higher loan amount.

Declare your additional sources of income

Home loan eligibility increases if there are additional sources of income other than the regular salary. Adding these additional sources of income, such as rent, part-time business, or payment from other projects, etc. can help in improving your financial health. These sources of income can help you get a higher home loan.

Avoid Job Change

Suppose, you are a salaried person and are planning to apply for a Home loan, then you should continuously work in an organization for some years. Frequent job changes have an adverse impact on home loan eligibility amounts. You must understand the importance of job stability when it comes to home loan applications. This not only tells the lenders about your job security but also indicates a steady flow of income.

Avoid panicking

We advise not to panic or hurry in applying for a Home Loan with Shubham Housing Finance. You should undergo proper planning, research and keep time in hand before applying for a home loan. You should estimate your budget and the amount you must apply home loan for, calculate your EMI, and deal with your outstanding debts before applying for home loan.


Applying for a home loan can be a daunting task. It requires time, effort and most importantly, knowledge. There are so many things to keep in mind and understand before you even begin the process. However, if you are well-informed and know

A high loan amount can be very beneficial, but it is important to make sure that you are eligible for the loan and have all your paperwork in order. With careful planning and execution, you can easily get the money that you need to buy your dream home.

By following these simple tips, you can increase your chances of being approved for a high-amount home loan and get into the home of your dreams sooner rather than later. And always remember, if you have any questions don’t hesitate to reach out to us – we would be happy to help!