#Loan Against Property

What Are the Factors Affecting Loan Against Property Rate of Interest And How to Get Better Rates

What Are the Factors Affecting Loan Against Property Rate of Interest And How to Get Better Rates

Posted on 11 June, 2021 by Hero FinCorp

Loan Against Property (LAP) is also known as mortgage loans where the property assets are used as collateral for availing loans. Factors Affecting Loan Against Property Rate of Interest : Beyond the usuals like tenure duration, loan amount, and CIBIL score, there are few more unique factors affecting LAP interest rates. ● Loyalty Program: If you have already availed multiple loans in the past from the same lender (banks or NBFCs), while maintaining a good CIBIL score, then the...

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