Loan Against Property

LAP explained — eligibility, LTV ratios, documentation and how to use property as collateral.

5 issues

What Is Loan Against Property (LAP)?

Learn how property can be mortgaged to raise funds while ownership remains with the borrower.

Compare mortgage overdraft facilities with conventional LAP term loans and understand where flexibility and fixed repayment differ.

Understand how a dropline overdraft combines flexible withdrawals with a sanctioned limit that reduces over time.

Learn how lenders compare the loan amount with the assessed value of the underlying property or asset.

Understand why good collateral cannot replace adequate income, repayment capacity and borrower quality.