Personal Finance Four things to remember before you take a home loan Updated : August 31, 2018 03:36 PM IST Before applying for home loan, make sure you have accumulated sufficient corpus for down payment. Your credit score is one of the most vital parameters on which lenders judge your creditworthiness before approving loan application. To repay such high loan amounts, you may require longer loan tenure to comfortably repay EMIs. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.