subject: Enhancing Eligibility for Home Loans [print this page] However, there is a way outHowever, there is a way out. For instance; if someone has 16 EMIs to repay, if they such borrower pays at least 5 EMIs in one go, then only eleven EMIs will remain unpaid and the borrower may not be considered defaulter any more. In result, the eligibility of such borrower for loans will become higher. Existing loan liabilities will no more affect the prospect of getting home loans adversely.
