Jocelyn Fernandes · Technology

Shift to small cities, digital applications: Tier 2 and Tier 3 cities account

Shift to small cities, digital applications: Tier 2 and Tier 3 cities account for 64% of home-loan volumes. By 2030, digital sourcing could cross 70%, while AI-driven underwriting could become increasingly standard across the lending journey. A rule like 3/20/30/40 can be useful and provides indicative framework for planning repayments and debt management.

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