Two vital factors to consider before you avail a mortgage loan are your monthly income and the property’s value you will mortgage. Bajaj Finserv provides Loan Against Property based extensively on the present market value of the property being mortgaged.
Avail high-value Mortgage Loan of up to Rs. 3.5 Crore by meeting specific eligibility criteria and documentation requirements. If the property value is less and you require more funding, apply it with a co-applicant or applicants.
Note that most of the financial institutions do not allow a married daughter to become a co-applicant with her parents.
Also Read: How to use Mortgage Loan Calculator
Also, if the property you plan to mortgage while availing a Loan Against Property has multiple owners, it becomes mandatory to apply along with all the owners to confirm the security. Other specific cases also mandate co-application like–
Apply with a co-applicant to maximise loan value. Check the Loan Against Property documents required to apply with Bajaj Finserv easily and enjoy a hassle-free approval.