Joint home loan with a friend


I want to purchase a property with my friend and want to take a joint home loan for that. Is it possible to take joint home loan with a friend who is also co owner of that property. And can we both apply for tax benefit for the same.

Please advice.

 

Thanks

 
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FIN

If the said property is co-owned by 2 friends both can avail loan/joint loan as in query.

Approach the lenders and chose the best offer.

 

 
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FIN

Originally posted by : Ramesh Singh
Do you mind? If am I know the gender of other friend.
Home itself is known as a place for group of people live in domestic relationship either in the form of joint family or unique family.
Whereas male-2 or female-2 is recognized but male-female friendship is not recognized by law of science.

What is this recognisiton and law of science?

 
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FIN

Ramesh Singh

So as per you, the querist is asking apple and serving banana?

 

 
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