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.