Loan against property can help you unlock the hidden value of your property by granting access to cheap and long term source of fund raising.
For most Indians, buying a house is an indicator of financial stability. No wonder, people overstretch themselves to buy one. After paying hefty down payments and equated monthly installments (EMI) over couple of decades, many believe they have bought one big liability. Many experts write extensively how a house pushes you away from the goal of financial freedom. However rarely they tell you that the same house can be your biggest asset if utilized wisely. Today we will see how to make the most your house or property to raise money that can help you attain your financial goals.
Loan against property Loan against property (LAP) is a secured loan in which oneâ€™s existing property is mortgaged to raise funds from a bank or a financial institution.
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