Many of my friends asked me the same question that Can I take two home loans at a time or can we apply for two loans at a time. Simple answer from me is Yes. Ok we can apply but how and which conditions we can apply lets talk about that now.

So how can you apply to take two home loans:

• Bank will check your income status whether you can pay the EMI regularly or not
• For the above condition they will check your income status and expenditure status (Like old loans salary cuttings etc)
• After apply for the home loan you have to show guarantee for the home loan. Here the guarantee is your house.
• After applying the home loan they will check the documents and if they are perfect they'll issue the loan amount.
• Now how can you apply for the Second home loan it is simple you have to show them you are going to purchase another little flat as your second house
• Now you can apply home loan for your second home in the same bank or another bank as your wish
• Even if you apply from two different banks they will ask/got to know from your bank statement about your other loans. 
• And also the credit check agencies are also in operation, now in India for credit check before any loan so from there also they know about you past loans. And payment history of loans. 

This is the way how you can apply for the two home loans if you have to buy two houses.