RBWM: Concepts and Practice · Part E: Home Loans

Chapter 22: The lender’s appraisal of a home loan

How a bank decides whether to lend for a home, how much, against what, and how it pays the money out.

Open Chapter 22 in the e-book The book and its prices

Buyers of the e-book, or of the print copy, which includes it, read the whole chapter. Everyone can read the free sample, pages 1 to 24 of the e-book.

In this chapter

22.1What a home loan finances, and for whomp. 297
22.2Income: salaried and self-employedp. 298
22.3How much: FOIR, LTV and the lowerp. 299
22.4The property: title, approvals, RERA, valuep. 300
22.5Security, CERSAI and payment in stagesp. 301
Exam traps and quick checksp. 302
Practice: 16 questions in three roundsp. 303
Answers, with every wrong option explainedp. 305
Make it stickp. 307
Chapter 22 on one pagep. 308

Corrections and updates

None for this chapter so far. Every correction to the book, and any rule that changes after its date, is listed on the errata page.