There are many banks and financial institutes that provide loans against a property owned by you. These loans are a good option as opposed to personal loans as the mortgage loan interest rates are lower. A mortgage loan can yield higher loan value. However, the property that you are using to secure the loan, should not have any ownership dispute and it should not be mortgaged. The loan approval becomes easier if you are able to repay the loan amount from your earning.
Though there are no specific limitations on this type of loan, the property remains mortgaged with the lender till the repayment has been made. In case the borrower defaults, the lender has the right to sell off the mortgaged property to recover the amount due. Mortgage loans can be taken against residential or commercial property.
Mortgage Loan Interest Rates
Mortgage loan interest rates may vary depending on the bank or financial institute lending the money. The interest rate depends on the loan amount, employment status and other factors as well. Home mortgage loan interest rates and commercial mortgage loan interest rates also differ.
Mortgage loan can be taken by anyone for any of the following purposes:
Expanding your current business
Wedding of your children
Payments for medical treatments
Higher studies or studying abroad
For a dream vacation
Features & Benefits
Mortgage loans give a lot of benefits to the borrower:
Mortgage loan amounts may range from Rs. 10 lakhs to Rs. 3 crores
LogintoLoans provides doorstep services for our clients. Take an appointment with our representatives who will help you with the formalities of applying for the loan.
Gain quick approval on loans
You may go for EMI based loan or Overdraft facility
Attractive mortgage loan interest rates are available
LogintoLoans provides a detailed comparison of mortgage loans available with the banks and other financial institutes. Our interactive services help you identify the right loan with the best home mortgage loan interest rates. We also provide assistance in getting loan against commercial property with the best commercial mortgage loan interest rates.
Mortgage loans are available from various banks and financial institutes. Collecting the information about all the options available and coming to a decision may be overwhelming for you. LogintoLoans provides an interactive platform to bring to you the details of all the options available. Our representatives help you identify and select the best loan option with the lowest mortgage loan interest rates.
We help you in getting loans against your residential or commercial properties. Our staff is well-informed regarding the processes, interest rates, processing fees and document for the various options of mortgage loans available.
We have helped many clients secure loan against property with the best mortgage loan interest rates available in the market. Their testimonies below are a proof of our reliable services.