Home loan rejections can be frustrating, but understanding the root causes allows you to fix deficiencies before re-applying.
### 5 Common Reasons:
1. **Low CIBIL Score or Delinquent History**: Scores below 650 or past defaults flag high risk.
2. **High Existing Debt Obligations**: If your total monthly EMIs exceed 50% of your net monthly income (FOIR), lenders may hesitate to extend further credit.
3. **Property Legal or Valuation Issues**: Title disputes, unapproved building plans, or valuation shortfalls by bank panel valuers.
4. **Unstable Employment / Income Proof**: Frequent job switches or insufficient ITR documentation for self-employed individuals.
5. **Incomplete or Inconsistent Paperwork**: Mismatches between application details and submitted documents.
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