Go Back   The Finance Forums > Finance forums > Mortgages



Mortgages Mortgages lending and lendors - your mortgage experiences, questions, and discussion.

Reply
 
Thread Tools
  #1  
Old 12-06-2017, 03:05 AM
capitaworld capitaworld is offline
Junior Member
 
Join Date: Jul 2017
Posts: 15
Default Home loan Vs Loan against property

Home loans
are taken for the purpose of purchasing a residential property. The property is served as collateral as a backup security the loan. In case of non-payment of dues, the lender can sell you're the property to recover the loan amount.

Mortgage loans
are the loan where the applicant gives his/her property as a security for the mortgage. The mortgage can be land or assets (gold, securities, insurance) etc.

Loans Against Property
is given against a property given to financier as a security. It is not necessarily against a residential property. About 60% of property value can be given as loan.

If you have any query, you can get free advice for car loans from us.

Visit: CapitaWorld dot com

CapitaWorld Platform

Ahmedabad
Reply With Quote

Old Sponsors
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



» Boards




All times are GMT -4. The time now is 12:37 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.