Mention any 2 requirement a borrower has to fulfill before taking a house loan

The correct answer to this open question is the following.

The two requirements a borrower has to fulfill before taking a house loan would be a valid certificate that states the income he/she earns in a year and a document that says that the individual is actually working and the salary it receives.

These two documents are very important to take a house loan because it indicates the owner or the real state company that the individual has the money to cover the expenses and that is actually working and receiving a salary that allows it to have the moned to cover the monthly payments.

changes in factors like average income and preferences can cause an entire demand curve to shift right or left. this causes a higher or lower quantity to be demanded at a given price. demand curves relate the prices and quantities demanded assuming no other factors change. it is important for consumers to know this information, because it is crucial for them to know what they can afford and can't afford. i hope this .

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