For some people these entire bundles or heap of document seems like a maze and is totally confusing to maintain all this. Many housing finance companies and banks request borrowers to make a special file of all these documents to keep record of all the documents and papers required during the process of application and approval of your home loan. Since all this takes time it would be advisable to make a water proof file and keep your entire documents in place. Select a big file and most times the bank will guide you about the size and quality of file required. It would be better to invest in a good quality file as remember all your important documents will go in here along with the original document of your home ownership after your home loan is approved. It is known that all lending companies would keep the original house document of ownership with them for the loan repayment period as this acts as a security for them for offering you the home loan amount for such a long period....