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Tips & Advice on Understanding Loan Against Property

Tips & Advice on Understanding Loan Against Property

Dec 01, 2022, at 07:46 pm

Loan against property is a type of secured loan wherein you pledge your residential or commercial property as collateral to a financial institution in exchange for a loan. It can help an individual take care of their financial needs and higher the value of the collateral, higher the amount that will be sanctioned. As long as the property is in your name, you can get a loan. In case the property to be offered as collateral is disputed, the chances for the application being rejected is high.

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Tips & Advice on Understanding Loan Against Property Thu, Dec 01 2022