Home loan eligibility is determined by several key factors that lenders assess before approving a loan. Primarily, your income level, credit score, employment stability, and age play significant roles in determining your eligibility. Lenders also consider your existing financial obligations and the property's value. A strong credit score and stable income increase your chances of approval and may secure you better interest rates. Additionally, most lenders require that your Equated Monthly Installment (EMI) does not exceed a certain percentage of your monthly income, ensuring you can comfortably manage the loan repayment. Preparing these factors can enhance your eligibility for a home loan.