Mortgage Loan
A mortgage loan or loan against property means the borrower takes a loan that is secured against his current residential or commercial property. The benefit of a mortgage loan is that it considers the market value of the property as on date. As such, the borrower can get higher amounts of loans. The best is, the loan money can be used to meet the financial requirements of any kind.
Loan Against Property to
- Salaried Individual
- Self Employed Individual
- Professional Individual
- NRI’s
- Company
Why loan against property?
- Working capital requirement
- To fill short term financial requirement
- Business Expansion
- To set up a new business
- Debt Consolidation
- Home Extension or Renovation
- Marriage, Travel or Education
Loan Amount & Loan Tenure
- Borrow from €1000 to €25000
- Tenure is 3 months to 36 months
- Apply online with no documentation
- Only online verification of finances
- Once approved get funds same day
- No employment status constraint
- Repaying capacity is the decisive factor