How do Home Loans Differ from Mortgage Loans, and Loans Against Property
![How do Home Loans Differ from Mortgage Loans, and Loans Against Property 1 Difference between Home Loan, Mortgage Loan & LAP](https://www.ruloans.com/blog/wp-content/uploads/2021/05/How-do-Home-Loans-Differ-from-Mortgage-Loans-and-Loans-Against-Property-768x402.jpg)
Home loans are loans advanced to assist in the purchase of a house or a flat. To be precise, home loans are secured loans where the borrower pledges the house to be purchased as collateral, which then becomes secured debt.…