Dreams are a part and parcel of every human life. Sad to say, many people’s dreams take a backseat due to a shortage of money. However, today there are financial solutions to help you out in tough times. With a loan against property, let your dreams fly high and live your life the way you deserve. Get an instant loan against property (LAP) at Networth Advisory with a trouble-free sanction process. We understand that your property is your greatest valuable asset, so we help you get an excellent deal on a Loan Against Property. You can enjoy personalized features and benefits with our Loan Against Property. It is the most convenient way to finance all high-end expenditures – be it for personal or business, by using your property as collateral to avail a loan. A Loan Against Property (LAP) is a mortgage or secured loan after pledging a property as collateral.
Types of Properties Eligible for Loan Against Property
Residential properties:
Independent houses, flats, or apartments.
Commercial properties
Malls, shops, , complexes, schools, hospitals, etc.
Industrial properties
Factories, warehouses, or processing units.
Land
Non-agricultural land.
You can use the funds for different purposes:
1. Travel the World
2. Purchase of Equipment
3. Tackle Health Emergencies
4. Finance Wedding Expenses
5. Cover Higher Education Cost
6. Consolidate High-Interest Debt
7. Finance Business and Expansion Plans
Benefits of Using Your Property for Secured Loans
Loans up to 90% of the Market Value
You can avail as much as 90% of the property’s market value as a LAP, depending on the property, eligibility, and the lender you choose.
Flexible Repayment Tenure
On the basis of the lender you pick, you can avail a loan repayment tenure of as long as 20 years, depending on the eligible age of the borrowers. You can pay the EMIs without any financial strain.
Reasonable Interest Rates
Reap the benefits of affordable interest rates with Networth Advisory. These fair interest rates are tailored based on your requirements and repaying capacity.
Higher Loan to Value Ratio (LTV)
The LTV varies from lender to lender. At Networth Advisory, you will be able to compare the various margin rates and pick the one that fits you the best.
Balance Transfer Facility
You can transfer your existing loan against property with another lender and ease your financial burden. Depending on your credit score, credit history, and income, you may get the best property loan rates available in the market.
Fuss-Free Loan Process
Experience simplified documentation, prompt processing, and swift disbursal with us. Being a secured loan, it becomes easier for lenders to provide funds to the borrower as it is backed by collateral.