Anyone — whether self-employed or salaried individuals/ professionals — with a steady source of income can apply for a home loan. One must be at least 21 years old when the loan period begins and should not surpass an age of 65 years when the loan ends or at the time of superannuation. This is the general home loan eligibility criteria and specifics such as the minimum and maximum age limits, minimum income level, etc. may differ from one lender to another.