Loan Against Property in Delhi
Everyone has ambitions and plans for the future, but the scarcity of resources can sometimes be a serious dampener to achieve one’s personal, business or professional goals. However, if you have a residential or commercial property it can come in handy.
LAP is the financial solution to raise money when faced with a financial crunch. You can mortgage the property on its prevailing market value and your repayment capacity to procure funds for a period of anything between 10 to 15 years.
The benefits of getting a LAP are manifold. For starters, it is easier to get a LAP. Being a secured loan,, its rate of interest is affordable. Also, the property remains in your name and you can continue to reside on the premises. Not to mention, the value of property appreciates over time, thereby providing you an attractive option of refinancing your loan.
- Indian national
- Should be at least 21 years for loan sanction
- Borrower must be a salaried employee or an entrepreneur involved in a business for a number of years
- Financial creditworthiness in terms of income along with monthly repaying capacity
- A sound credit history and good payment track record of other loans, mortagges, credit cards, etc.
Documents for the credit appraisal:
- Completed application
- Latest income documents and bank statement
- Your address and age proof
- Proof of Residence
- Copies of all property documents
If you want to acquire a hassle-free LAP in Delhi look no further than Antworks Money. A reputed player in the P2P lending space, we make mortgages better. Be it easy procurement of loans, competitive rates, and tenure, we excel in providing customised solutions to fit your distinct needs. Our user-friendly portal is easy to navigate. With just a few clicks you can check the eligibility and also compare offers from over 10 Banks/NBFCs to apply online for the best deal available. There is more! Our skilled personnel will be at hand to ensure the entire process is smooth and streamlined. They will help you tackle everything from the first step right through the documentation stage with finesse for an exceptional customer experience. And yes, at Antworks Money we can also help increase your existing loan at a lower rate from other financial establishments.
So what’s stopping you? Start comparing the LAP offers right here to clinch the best financial deal available!