Borrow, Don’t Sell: Reverse Mortgage Benefits

26 Feb 2021
77 Views

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.

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Rules to Follow while Taking Loan Against Property

26 Feb 2021
80 Views

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.....

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Loan Against Property to start business

26 Feb 2021
80 Views

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.....

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Gold Loans or Loan Against property

23 Jan 2021
56 Views

 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.....

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5 lesser known facts about loan against property

22 Jan 2021
75 Views

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.....

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Mistakes to avoid while taking a Loan against Property

30 Dec 2020
67 Views

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.....

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Loan Against Property: 5 Benefits to Check before Application

23 Dec 2019
80 Views

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.

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