Mortgage Loan
A mortgage loan, or simply mortgage, is used either by purchasers of real property to
raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged. Mortgage loans are also known as or claims on property, Loan against Property, Loan on Property or liens against property. In case, you stop repaying your mortgage loan, the lender/bank has the complete right to possess and sell the secured property. A mortgage loan involves the following components - principal, interest, tax and insurance. Principal is the amount you actually borrow from your lender. Interest is the reward your lender receives for lending you the money.
The interest rate plays a major role in increasing the size of your mortgage loan.
Mortgage Loan from Kashi Gomti Gramin Nidhi Limited
Kashi Gomti Gramin Nidhi Limitedoffer a host of Home Loan options that
can be tailor made to suit individual needs. Jobs at
Kashi Gomti Gramin Nidhi Limited mortgage loan is a Loan
against Property (LAP) that helps you with financial needs
to invest in your business ventures while
allowing you to direct all your attention to your business.
With Loan against Property, you can leverage the value of a
residential or commercial property, and we will ensure that
your enterprise does not feel the burden of working capital,
warranting a stable business for you.