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Mortgage and LAP

4.1 2083 Customers

Turn your property into a powerful financial asset—whether through a mortgage or loan against property, unlock new opportunities with the value you already own.

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Mortgage & Loan Against Property (LAP) Solutions

Unlock the true value of your property with Mortgage and Loan Against Property (LAP) solutions from Hiva Professionals. Whether you're a salaried individual, self-employed, or a business owner, our LAP services offer a reliable way to finance your personal or professional needs without selling your property.

What is Loan Against Property (LAP)?

Loan Against Property is a secured loan where you pledge your residential, commercial, or industrial property as collateral. It allows you to raise funds for business expansion, education, weddings, medical expenses, or even debt consolidation while retaining ownership of your property.

Why Choose LAP?

  • Lower interest rates compared to unsecured loans
  • Flexible tenure of up to 15-20 years
  • High loan amount based on market value of the property
  • Minimal documentation and fast processing with expert guidance
  • Continue to use your property while availing the loan

Types of Property Eligible for LAP

  • Self-occupied residential properties
  • Rented residential properties
  • Commercial buildings (shops, offices)
  • Industrial units and warehouses
  • Plots with clear legal title

Overview of Personal Loan

Parameter Details
Type of Loan Personal Loans are unsecured loans that do not require any collateral or asset as security.
Interest Rate Generally higher, ranging from 10% to 24%, due to the unsecured nature of the loan.
Loan Amount Borrowers can avail up to ₹25 lakhs, depending on income and credit profile.
Repayment Tenure Typically ranges from 1 to 5 years with fixed EMIs.
Processing Time Quick disbursal, usually within 1–2 days, especially for pre-approved customers.

Overview of Loan Against Property (LAP)

Parameter Details
Type of Loan Loan Against Property is a secured loan where the borrower pledges residential or commercial property as collateral.
Interest Rate Lower interest rates, typically between 8% and 12%, due to the presence of collateral.
Loan Amount Higher loan amounts are available — up to ₹5 crores or more, based on property value and eligibility.
Repayment Tenure Flexible repayment tenure, often extending up to 15–20 years.
Processing Time Longer processing time of around 4–7 working days, due to property valuation and legal checks.

Eligibility Criteria for LAP

  • Applicant must be at least 21 years of age
  • Regular source of income is mandatory
  • Clear title of property with no legal disputes
  • Good credit history and repayment capability

Common Use Cases for LAP

  • Business expansion or working capital
  • Child’s higher education expenses
  • Wedding funding
  • Medical emergencies or critical treatments
  • Debt consolidation to lower interest burdens

Why Choose Hiva Professionals?

We, at Hiva Professionals, understand the importance of quick and efficient financing. Our dedicated financial experts ensure seamless documentation, accurate property valuation, and negotiations with leading banks and NBFCs to secure the best deal for you. Our services are personalized, transparent, and focused on providing peace of mind.

  • Experienced consultants with industry knowledge
  • Hassle-free documentation and processing
  • End-to-end assistance until disbursal
  • Trusted by hundreds of happy clients across India

Start Your Journey Today With us

Whether you are looking to unlock your property's equity or planning a financial move that demands flexibility and large funding, Loan Against Property with Hiva Professionals is the smartest choice. Get in touch with us today to receive expert assistance and begin your journey towards financial empowerment.

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