Loan Against Property (LAP) @ 8.75%* p.a.

 We are financial company specializing in providing all kinds of loans to our valuable customers with greatest ease.

Secured loans are known as Loan against property (LAP) and availed by a customer or a business to meet any expense that a bank finds suitable for funding. The loan is availed by mortgaging an existing property like flat, plot, land etc. with the bank.

The amount of loan is decided by bank on the basis of income of the customer and the market value of the property.

Advantage of Secured Loans (LAP) over Unsecured Loans for Businesses 

  • Lower rate of interest 
  • Lower EMI
  • Bigger Tenure

Benefits of taking Loans with The Housing Experts

  • Disbursal within 20 days from receipts of complete documents.
  • Repayment tenures up to 15 years
  • Best in Class Rate of Interest
  • Tie-ups with major Indian and Foreign Banks, NBFCs and Housing finance companies

 8.75%  8.75
You get:  0.00 off

provided by

The Housing Experts

We are one of Delhi NCR’s leading and biggest mortgage distributors. Our multiple tie-ups with In...

Read More

Documents Required

KYC Documents:- (All Applicants)
  • Application form with one photograph each signed across the photographs and signatures on the form.
  • Processing Fees cheque (Log-in Fees) in favour of “The Bank”.
  • Copy of Pan Card
  • ID Proof Other than Pan Card – Passport, DL, Voter’s ID Card etc
  • Residence Address Proof : Telephone Bill preferred (Landline) in absence of phone bill -
  • Relationship Proof between applicants: Passport, Ration card, Marriage Certificate, Birth Certificate of Child etc.
  • Qualification Proof: Only in case of professionally qualified doctors, CA’s, Architect etc.
Financial Documents for Salaried 
  • Last 3 months of pay slip
  • Last 2 years of Form – 16 / Last 2 Years of ITR along with Computation of Income.
  • Letter of Appointment/ Increment Letter - from current employer
  • Last 6 Months of Bank Statement –
  • Amortization Schedule/ Statement of Account: Documents to support all active loans
Proprietorship /Self Employed
  • Last 3 Years of Financials – ITR, Computation of Income, Tax Audit Report with complete set of financials
  • Acknowledgement receipts – For all ITRs filed without digital signatures.
  • Last 6/12 Months of Bank Statement (Current)
  • Last 6 Months of Bank Statement (Savings)
  • Sanction Letters - Of CC limit, WC limit, OD and Term Loans.
  • Amortization Schedule/ Statement of Account - Documents to support all active loans
  • VAT/ Service Tax Return for all quarters passed the last financial year.
  • List of Creditors & Debtors of last 2 years attested by CA
  • Form 26 (AS) for current financial year and last 2 financial years of all earning applicants

Terms & Conditions

The deciding factors in a LAP are Loan to Value (LTV) ratio and income eligibility.

  • LTV ratio (expressed in percentage) is the ratio of the required loan amount to the market value of the property being mortgaged. The LTV in a LAP ranges between 50% to 70%, depending on the type of property being mortgaged, loan tenure and the current usage of the property.
  • Income Eligibility is the other important factor to decide how much loan can be extended to a potential borrower on the basis of his/ her income.
  • Conditions apply on rate of interest.
  • Loan amount should be more than 50 Lakh.

Any Query ?
Note : StartupArena does not charge you for grabbing a deal. There is no limit on number of grabs. Terms and Conditions apply.

Customers Questions & Answers

Ask A Question

Deals also available in