Pros and Cons of Loan Against Property That Every Borrower Must Know

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Financial emergencies can occur anytime, and your property can be your saving grace! Lenders offer a lower interest rate for a mortgage loan than personal loans. However, before you start applying for a Loan Against Property, you need to be aware of the pros and cons of this loan. Lenders favour a mortgage loan over an unsecured loan (one without a mortgage) since they can sell the property to realize the loan amount.

4 Top Factors That Affect Your Loan Against Property in India

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A loan against property is a popular choice among borrowers. However, a few important factors, such as loan interest rate, eligibility criteria, and loan repayment tenure, need to be considered before applying for a LAP. This article will cover the four things you must know about loan against property in India. These factors also determine the loan interest rate.

Everything You Need To Know About How A Home Loan EMI Calculator Works

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Building a home is a dream come true for millions of people. However, with a home loan, owning a home is possible, and millions of people are taking this option to buy or build their new homes.