{"id":272,"date":"2017-11-30T18:08:43","date_gmt":"2017-11-30T12:38:43","guid":{"rendered":"http:\/\/blog.ruloans.com\/?p=272"},"modified":"2024-12-13T10:31:46","modified_gmt":"2024-12-13T10:31:46","slug":"mortgage-loan-or-loan-against-property","status":"publish","type":"post","link":"https:\/\/www.ruloans.com\/blog\/mortgage-loan-or-loan-against-property\/","title":{"rendered":"Mortgage Loan or Loan against property (LAP)"},"content":{"rendered":"<p>Mortgage Loan or Loan against property (LAP) name mean a loan that is paid out against a property mortgage. Loan against property depend on a specific percentage of market value of your property, You can get up to 70% of the registered value of your property. However, it depends on your property type. You get Mortgage loan on both residential and commercial.<\/p>\n<p>Loan against property interest rates ranging from 12%*p.a. to 15.75%*p.a.<\/p>\n<p>Maximum tenure 12 years.<\/p>\n<p>The amount you can borrow from Rs. 3,00000 to Rs. 1 Crore<\/p>\n<p>Loan amount Depend on total annual income, Valuation of your property, loan repayment history along with Good CIBIL. Both salaried and self-employed are eligible to apply for Loan against property<\/p>\n<p><a href=\"https:\/\/www.ruloans.com\/loan-against-property.htm\">Loan against Property<\/a> use for following<\/p>\n<p>For business Expanding<\/p>\n<p>For New Home or New property<\/p>\n<p>For dream vacation<\/p>\n<p>For medical treatments<\/p>\n<p>We will help you to borrow right From n number of banks and NFBCs<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mortgage Loan or Loan against property (LAP) name mean a  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