Loan Against Property Vs. Personal Loan
Always wondered which loan is better to meet your money needs? Here’s the answer.
Tag Archives: LAP
Is Taking A Loan Against Your Property A Good Idea?
Should you take a loan against your property to meet out-of-the-blue expenses? Let’s discuss the pros and cons.
Choose your loan with care!
LAP commonly known as property loan is a loan provided by the bank/financial institution against the mortgage of your property (residential or commercial) provided the same has not been put up as security for any other purpose. LAP differs from a mortgage/home loan which is a taken to buy a property; LAP is a loan… Read More »
LAP – fund source in the hour of need!
The loan amount you can avail for this loan depends on the value of the property, which you place as your collateral for the loan. This can range anywhere between 1 lakh and 3 crores. This comes with the risk of giving up your home if you are unable to repay the amount in full.… Read More »