What is a joint home loan? Download Automated All in One Salary TDS for Government and Non-Government Employees for F.Y. 2022-23| A home loan where there is more than one borrower is called a joint home loan. Two friends cannot be co-borrowers. In fact, banks sometimes refrain from lending to siblings unless they co-own the property. This also happens in the case where the loan is made with the parents as co-borrowers. It is only in the case of spouses that banks do not require co-ownership of the said property from…