L&T Mortgage loans are a great way to avail much-needed funds in times of emergency. If you have a residential property, you can go for the L&T Loan Against Property on Residential Property.
Why Is L&T Finance Good For Mortgage?
- Loans with a maximum term of 20 years are available.
- The amount of money available ranges from Rs 10 lakhs to Rs 10 crores.
- Loans are available for self-occupied, rented, and unoccupied residential properties, as well as commercial investments and commercial LAPs.
- Processing that is quick and efficient
- Interest rates that are both affordable and appealing; start at 6.75%
- Offering income-based products
- Tranche-based EMI and Part Prepayment Scheme are two flexible repayment choices.
Additional Reading: What Are Mortgage Loan Interest Rates
What Are The Different Types Of Mortgage Loans Offered By L&T?
The following are the many types of Loan Against Property available from LTHFL:
Residential: A residential mortgage loan is one that is secured by residential property.
Commercial: This is a loan secured by commercial property, as well as commercially-rented and self-occupied properties.
Industrial: Uses an industrial facility as collateral for self-employed non-professional customers who have a manufacturing plant.
Land: This is for self-employed non-professionals and professionals who seek an LAP against a residential plot inside city limits.
L&T Housing Finance Ltd. offers competitive loans against property that help you in times of emergencies.