936 questions
451 answers
49 comments
11,123 users
0 votes
22 views
I want to know the difference between a Home Loan and Loan against Property?
asked Sep 7, 2017 in Legal Matters by Sundar (62 points) | 22 views

1 Answer

0 votes
The basic difference between a Home Loan and Loan against Property is that you will take a home loan from a bank when you want to buy a property. Whereas in the case of Loan against property, you will already own a property and you will mortgage it with the bank and get funds/money based on the valuation of your property.
answered Sep 8, 2017 by Kris Reddy (49 points)
Welcome to Zippserv Q&A, where you can ask questions and receive answers from other members of the community.