Home is where the heart is. Although owning a home means different things to different individuals, but one thing is common – we all want to own a home someday.

Home loans are allowed to individuals with a good credit score. Most lenders go by your CIBIL score. CIBIL is a credit rating agency which collects data from various regulated lending institutions and builds your credit profile. It provides your credit history report to lenders you approach for a loan. This report is a snapshot of your creditworthiness and captures details of every credit card or loan account you’ve ever operated. “Your credit score ranges from 300 to 900 — 900 being the highest possible score. Most leading lenders insist on a score around 750 if you want a loan from them. You can use free credit report generators online to assess where you stand,” says Shetty.