India holds the promise of an economy where large number of people are aspiring for a better life and financial freedom. This aspiration represents one of the largest growth engine across all emerging markets. Owning a home is one of the most important financial aspiration of individuals with relatively lower income. And helping them achieve this aspiration could prove to be an effective business model for fuelling growth. For an effective business model that could leverage this aspiration it is extremely critical to have an underwriting strategy that is effective for this segment (where large numbers are new to credit customers). In addition, such a business model calls for extremely efficient and automated processes that could keep operations cost to the lowest.