Reverse mortgage loans enable borrowers, with no monthly mortgage payments, to turn their home equity into cash income. It is a real estate loan that is the opposite of a traditional mortgage. The bank here pays an amount against a property asset, whether it's a lump sum or periodic payouts.
.....Loan Against Property (LAP) is a secured loan that can be availed to fulfil various financial requirements. It's the solution to all your financial issues in plain terms. It is a form of loan in which you can use the lender's collateral by holding your commercial/residential land. It is a smart d.....
A loan against property has been an age-old concept. When you need money, you can pledge your residential or commercial property to the lender in exchange for a certain amount of money. You repay the amount in instalments to the lender. The property, also called collateral, can be taken back when.....
Anuja is a businesswoman who owns a popular saree boutique that started 2 years ago. Over the last couple of years, she has managed to build a dedicated and substantial client base, and she now plans to expand her business by establishing a new branch in the city. As she already has a busin.....
Mahesh Sharma is a regular private school teacher whose son, Manav, aged 19, has recently graduated with an engineering degree. Manav wishes to pursue a master’s programme in the United States and he indeed managed to bag an admission in a reputed college with a partial tuition fee waiver and a c.....
At some point in life, all of us face cash flow challenges; some may need cash for personal use, while others may need funds for their business. In such times, opting for a loan against property might be worthwhile as it will give you greater borrowing ability compared to any unsecured loans, suc.....
There are several loan options that are available today and each one has its pros and cons. One such option is a Loan Against Property, which is available by using your property as collateral to borrow the money.
Getting a loan to take care of my wedding and relieving my parents to enjoy the occasion was the best decision I ever made. Easy-to-apply, amazing interest rate and quick disbursal, what more can one ask for!