Mortgage Loan
Loan Against Property or secured loan, we also call it a mortgage loan. A salaried and self-employed person could avail of a mortgage loan. Banks and NBFC first check property value and offer up to 60% L.T.V. Mortgage loans are used primarily for business fund requirements, mortgage loans for weddings, mortgage loans for education, mortgage loans for business expansion, and mortgage loans for personal use.
Loan against Property Requirement
Loan against Property for Emergency Fund || Mortgage Loan for Wedding Event || Loan against Property for Business || L.A.P for Child Education Abroad Study || Mortgage Loan for Personal use.
Why avail Mortgage Loan
Easy Finance- If you have a property, you can get a manageable loan amount.
Low Interest as Compared to Business Loan to Mortgage – LAP is the best option for comparing business loan interest rates. It starts at 9.50% annual ROI.
Best for Self-Employed – A loan against property is the best option to raise debt funds for businesses that have all-time liquidity problems. Mortgage banks and NBFC quickly fund mortgage loans.
Mortgage Loan Bank wise Partners – Mortgage Loan with HDFC Bank || Mortgage Loan with Bank Of Baroda || Mortgage with Union || Mortgage Loan with Bajaj Housing Finance || Tata Capital LAP || IIFL Mortgage Loan || PNB Housing Mortgage || Axis Bank Loan Against Property.
Mortgage Loan Product and Services- Avail Mortgage loan low interest rates for a salaried and self-employed person get up to 65% LTV, and the best ROI for a mortgage loan starts – at 9.50%: banks and NBFC’s decided rates. First, check your income documents and credit score.
Mortgage Loan Cities Services
Mortgage Loan in Mumbai || Mortgage Loan in Navi Mumbai || Mortgage Loan in Pune || Mortgage Loan in Bangalore || Mortgage Loan in Hyderabad || Mortgage Loan in Grugram || Mortgage Loan in Grater Noida || Mortgage Loan in New Delhi || Loan in Delhi NCR || Mortgage Loan in Lucknow || Mortgage Loan in Bareilly || Mortgage Loan in Muradabad.
Eligibility of Loan against Property/Mortgage Loan
Residential Status – Residential status parameters should be followed before applying for a new home loan for an Indian residence and N.R.I.
Income Eligibility- The lender checks all income proof – for self-employed – I.T.R. Continue status, audit report, balance sheet, all company parameters, and Salaried employee income eligibility lender will check – the applicant’s job active status is form-16 available, salary slip, banking, and other status.
Age of Applicant Eligibility- Applicant and Applicant age should be 20+ years to 65 years, and some lenders give relaxation.
Property Authentication Eligibility – The lender checks all property sale deeds, approved M.A.P., O.C. and C.C., allotment letters from society /Housing Board/PVT builder/approved building plan/original N.O.C., etc.