A loan against property is a secured loan that allows you to borrow money by using your property as collateral. This collateral could be residential, commercial or even a plot of land. Lenders assess the property’s value and issue a loan based on its market value which usually ranges between 40% to 60% of the property’s value. Although the borrower keeps ownership of the property throughout the loan tenure, the lender has the power to seize it if borrowers fail to repay.

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  • A loan against property is a secured loan that allows you to borrow money by using your property as collateral. This collateral could be residential, commercial or even a plot of land. Lenders assess the property’s value and issue a loan based on its market value which usually ranges between 40% to 60% of the property’s value. Although the borrower keeps ownership of the property throughout the loan tenure, the lender has the power to seize it if borrowers fail to repay.

  • India
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By herohousinfinance

Hero Housing Finance Ltd. is the best-in-class provider of financing solutions. Hero Housing Finance Limited provides hassle-free home loans across India.

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