Personal Loans Against Property

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GTE has a loan for you! GTE Financial offers secured loans that can be “secured” by available funds you have in an existing account, or by the purchase of a specific product as collateral such as a home or car.

Loan Against Property is similar to a Personal Loan but still different. Read here to know how and much more.

Loan Against Property. Loan against property (LAP) is also known as Home Equity Loans and is basically a kind of loan against the security of one’s property. LAP is designed to meet the financial needs of a person who already owns a house, which is free from any encumbrance (i.e. it is not given as security for any purpose).

Yes, it is possible for self-employed individuals to get a loan against property. We give loans against property to sole proprietors, self-employed individuals and partnership firms. There is a requirement that self-employed individuals should have been in business for 2 years.

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When you use your personal assets like your home or savings as collateral for a secured online loan, you can access lower interest rates and improved borrowing options. Also, with a personal loan secured against the property, for instance, you get larger loan amounts, as the lender feels more assured.

Contact the lender and tell it that you want to cancel a pending loan application. Provide the necessary personal.

There are many ways you could arrange for money, and one of those ways is taking a loan. You could take a personal loan for the amount required, or you could take a loan against your property.

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