What is Loan Against Property?
A loan against property (LAP) lets you borrow by pledging your residential or commercial property as security.
It is commonly used for business expansion, education, medical needs or debt consolidation.
Loans | Way2Protect —
Loan Against Property
Unlock the value of property you already own.
Who is it for?
- Business owners needing working capital
- Property owners with large funding needs
Key features
- Usually lower interest than unsecured loans
- Longer tenures
- Residential and commercial property accepted
Things to consider
- Property is at risk if you default
- Loan amount depends on property valuation and income
Loan eligibility and approval are subject to lender policies, documentation, credit assessment and other applicable criteria. Results are indicative only. Product availability, eligibility, premiums, interest rates, benefits and approval are subject to applicable terms, conditions, underwriting/lender policies and eligibility criteria.
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