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Home First Finance Company (Homefirst) Home Loan

NBFC / HFC

Home First Finance (Homefirst) is a digital HFC specialising in affordable housing loans up to ₹75 lakh. It targets first-time buyers in urban India with an app-first approach.

8.00%

Starting rate

12.50%

Max rate

1% of loan amount

Processing fee

25 yrs

Max tenure

Rates as of 2026-04-16. RBI repo rate 5.25%. Best available new-customer rate across all tracked lenders: 7.15%.

Already have a Home First Finance home loan?

If your current Home First Finance rate is above 8.00%, you are paying more than what Home First Finance is offering new customers today. The gap could be anywhere from 50 to 535 basis points depending on when you took the loan and which benchmark it is on.

Check my overpayment Rate reset letter for Home First Finance

Products offered

Homefirst Home Loan
Homefirst Top-Up

Best for: First-time affordable housing buyers in urban India who prefer an app-based application experience.

Strengths and weaknesses

+ App-based approval process targeting first-time buyers.

+ Specialises in affordable housing up to ₹75 lakh.

+ Growing digital HFC with a focus on under-served urban segments.

- Rates start at 8.00%, above bank rates.

- Maximum loan amount of ₹75 lakh limits it to the affordable segment.

Rate reset at Home First Finance

Homefirst processes rate resets through the app.

Get the rate reset letter template

Balance transfer friction

Low friction

Leaving Home First Finance for a balance transfer is straightforward. Foreclosure letters are issued within a reasonable timeline and no foreclosure fee applies on floating-rate loans (RBI 2012 circular).

Read the foreclosure charges guide

Home First Finance Company (Homefirst) home loan at a glance

Lender type	NBFC / HFC
Headquarters	Mumbai
Regulator	NHB (under RBI oversight)
Floating rate range	8.00% to 12.50% (EBLR-linked)
Processing fee	1% of loan amount
Max tenure	25 years
Max loan amount	₹75 Lakh
Prepayment charge	Nil on floating rate
Balance transfer friction	low
Official website	www.homefirstindia.com

Data as of 2026-04-16. Rates are for salaried borrowers with CIBIL 750+. Verify with Home First Finance for profile-specific quotes.

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