A Loan Against Property (LAP) is a type of secured loan that
is granted to a borrower by using their property as
collateral.
The
property can be either a residential or commercial property.
The
loan amount is based on the market value of the property and
the lender's assessment of the borrower's creditworthiness
and ability to repay the loan.
The
loan can be used for various purposes, including business
expansion, debt consolidation, or personal expenses.
LAP
typically has a longer repayment tenure and lower interest
rates compared to unsecured loans, but the borrower risks
losing their property if they default on the loan.
Easy Home Loans believes that nothing is impossible for
those who aspire to enter a better life.
Loans against your property are intended to finance all your
dreams and that of your family members.
You
could use the additional revenue for a multiple
requirements, the choice is yours.
