Shubham housing finance provides home loan to new to credit persons

We understand that buying a house can feel overwhelming, especially if you’re just starting to build your financial profile. That’s where Shubham Housing Finance comes in! We offer home loan solutions specifically customized for individuals who are new to credit or have no previous loan history. Shubham Finance is here to help you take the first step towards turning your dream of owning a home into reality.

New to Credit? Here's What You Need to Know

Being "new to credit" usually means having little or no credit history, often because you haven’t taken out a loan. While many banks hesitate to lend to those without a credit track record, Shubham Housing Finance believes everyone deserves a chance to start somewhere. Whether you’re just beginning to build your credit or ready to take your first step towards owning a home, we’re here to provide accessible and supportive home loan options.

How Shubham Can Help?

Shubham offers you customized loan options with flexible repayment tenure for first time borrowers. Here's how they support new-to-credit individuals:

1. Personalized Loan Solutions for New Borrowers

We know that if you’re new to credit, you might not have a traditional credit history. That’s why Shubham Housing Finance offers loan options designed just for you. Instead of focusing only on past credit, we look at your current financial situation, repayment ability, and positive factors like your employment history or income stability. With this approach, we make sure everyone has a fair chance to apply for a home loan, no matter their credit background.

2. Affordable Interest Rates for Easy Homeownership

Our home loans come with affordable interest rates making it easier for individuals new to credit to take that first step. We’re here to help you own your dream home while keeping your finances manageable and stress-free.

3. Simplified Eligibility Criteria

Applying for a home loan with us is simple and hassle-free. We don’t focus only on credit scores, so there’s no need to worry about your past financial history. If you’re over 21 and have a steady income, you’re already on the right track to apply. This flexible approach makes it easier for individuals new to credit to get started without the usual obstacles.

4. Flexible Loan Amounts and Tenures to Fit Your Needs

We understand that everyone’s needs and financial situations are different. That’s why we offer home loans of up to ₹50 lakh, whether you’re buying your first home, upgrading your space, or investing in real estate. With repayment terms of up to 30 years, you can spread out your EMIs and manage your finances more comfortably. This flexibility ensures that both the loan amount and repayment plan are tailored to fit your unique circumstances.

5. No Guarantor Needed for New Home Loan Borrowers

One of the major benefits of Shubham Housing Finance is that new-to-credit applicants don’t need a guarantor. While many banks and other financial institutions ask for a co-signer or guarantor, we take a different approach. We trust your repayment ability based on your current financial situation, so you can apply for a loan without relying on someone else to support your application.

6. Shubh Shakti Home Loan Scheme for Women Borrowers 

If you’re a woman looking to buy your own home, we offer the home loan for women. Shubh Shakti Home Loan is specially designed for women borrowers, providing home loans of up to ₹50 lakh with attractive terms. It’s our way of supporting those new to credit while empowering women to take control of their financial future and achieve their dreams.

Simple Application Process

We’ve made our home loan application process simple and hassle-free. No need to worry about complicated paperwork or long waiting times. Just provide the required documents for example proof of identity, address, income, and property details, and complete your application online. Our team is here to guide you every step of the way, ensuring you get the support you need to secure your loan with ease.

Supporting You Every Step of the Way to Homeownership

At Shubham Housing Finance, we’re not just about providing loans— we’re with you every step of the way. We understand that building credit takes time, which is why we offer home loans tailored for those new to credit. Even without a traditional credit history, you can take the first step toward owning your dream home.

Our simple eligibility criteria, flexible repayment plans, and affordable loan options make it easier for new-to-credit individuals to confidently step into the housing market. Whether it’s your first home or an investment property, we’re committed to helping you build a secure financial future.