6 things all first time home buyers should know about homeownership
Jun 17, 2020
We help you buy your first home today by contributing up to 50% of the home down payment amount interest free.
Accelerating home ownership
Impacting a billion lives
Educating first time home buyers
We assist you by reducing the waiting time to own your first
home by offering you interest free credit, helping you to
bring down the cost of capital.
Your initial payment2,76,750
Our Program addresses India’s most pressing challenge of housing for millions of aspiring families in India. We direct Capital to accelerate housing to generate long term social impact. HomeCapital is a pioneer and has effectively demonstrated sustainable capital deployment, creating a positive impact in the Indian housing sector.
Each home assisted through the Program is capital invested in the future of our young nation
Value of housing through the Program
We have always been there for our customers.
We will be there for you too.
No, we cannot guarantee project timelines. For any issues with project delivery, homebuyers can approach their state RERAs for timely redressal of their grievances.
There are no hidden charges to avail HomeCapital down payment assistance. Processing fees charged under the program will be disclosed upfront to the homebuyer.
In case the project of your choice is not listed in HomeCapital’s offerings, please write to us at email@example.com or firstname.lastname@example.org with the project details. We will try to include the project of your choice with the best of our efforts. However, we cannot guarantee the same as onboarding projects and developers depend on a number of factors that may be beyond the control of HomeCapital.
We review the track record of developers to include them in the program and only partner with leading developers across major cities. Every property goes through systematic due diligence with key focus on the developer background, delivery track record, credit profile, corporate governance, real estate portfolio analysis, micro market review, supply and demand analysis and other related factors.
The down payment assistance is to be repaid in 12 interest free equated monthly instalments by the homebuyer. There are no prepayment charges. The user can opt for foreclosure at any point of time during the repayment period.
Join our community of first time home buyers to get insights and guidance to accelerate your home ownership.
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Your information is encrypted with an AES 256 bit symmetric key.
Your connection to HomeCapital is always encrypted over HTTPS with Transport Layer Security (TLS). HomeCapital applications and data are physically located in multiple secure data centers. We utilize Amazon Web Services for our hosting which is compliant with numerous security certifications.
HCPL and it's partners reserve the right to reject any application at any time without notice. To qualify, a borrower must be a Indian citizen and meet our financial partners underwriting requirements. To check for an applicant’s eligibility, our lending partner will request your full credit report from one or more credit bureaus. Not all applicants receive the down payment assistance. To qualify for the program, you must have a responsible financial history and meet other conditions. Assistance limits displayed are indicative, actual limits will depend on number of factors. If approved, your program assistance tenure will depend on a variety of factors, including down payment assistance amount, repayment capacity, a responsible financial history, years of experience, income, home-loan to value ratio and other factors.
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