A loan against property is what it actually connotes - a loan given or disbursed against the mortgage of property. This is unlike a personal loan , which is disbursed to an individual no questions asked. The loan is given as a certain percentage of the property's market value (usually around 40 per cent-60 per cent). But the threshold amount too is generally defined by most lending institutions like say,
200,000. This multi-purpose loan puts funds at your disposal to use as you wish. It unlocks the hidden value in the property you own.
