by trueimpactdigital | Jun 21, 2024 | Loans
Have you ever come across the term “loan against property” in finance? Are you curious about its meaning and how it differs from a traditional home loan? Allow us to clarify the concept of a loan against property. Known as LAP in financial circles, a loan...
by trueimpactdigital | Jun 19, 2024 | Loans
How Industrial Properties Are Evaluated for Loan Against Property (LAP): When evaluating industrial properties for a Loan Against Property, lenders take into account several unique factors to determine the value of the property and the loan amount they can offer....
by trueimpactdigital | Jun 17, 2024 | Loans
Vacant properties (whether land or built-up but unused structures) are evaluated differently from other types of real estate for a Loan Against Property (LAP) due to the absence of income generation and the risks involved. Here’s how lenders typically assess vacant...
by trueimpactdigital | Jun 17, 2024 | Loans
When faced with a financial emergency, many people turn to obtaining a loan as their first solution. Loans provide immediate access to funds, allowing individuals to meet their needs quickly. However, with the plethora of loan options available in the market,...
by trueimpactdigital | Jun 17, 2024 | Loans
Understanding Business Loans: A Comprehensive Guide for Entrepreneurs As an entrepreneur, securing the right funding can make or break your business. Business loans offer a viable way to obtain the capital needed to start, grow, or sustain your company. In this guide,...
by trueimpactdigital | Jun 14, 2024 | Loans
Borrower age plays a significant role in determining the repayment capability and loan eligibility for property mortgage loans, including Loan Against Property (LAP). Lenders take the borrower’s age into account for several reasons, including assessing the borrower’s...
