Taking a home loan is a practical solution to buy a dream home if you don't have the entire amount upfront.
Key factors to keep in mind while selecting a home loan include assessing your financial health, comparing lenders and loan offers, checking your credit score, factoring in additional costs, and understanding interest rates and repayment tenure.
Evaluate your monthly income, ongoing expenses, and existing debts to determine what you can afford and for lenders to review your application.
Consider improving your credit score before applying for a loan, as it plays a crucial role in loan eligibility and terms received.