A loan against property is, as the name suggests, the loan you obtain from the bank that is secured by the mortgage on your property. The secured loan category includes this type of loan. In this case, the security is the property of the borrower. In this context, "property" can refer to your home, your company, or your land. The loan amount is established using the market value of your property. For a variety of reasons, like planning an extravagant wedding, funding your children's further education, or expanding your business, you can apply for a loan secured by property. However, in addition to your house's value
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