Mortgage Loan / LAP is a secured loan where you keep your residential, commercial or industrial property as security with the bank or NBFC. You continue to own and use the property, while the bank provides a loan against its market value.

Generally, self-occupied, rented or vacant residential and commercial properties in approved locations are eligible. Some lenders also fund against industrial and mixed-use properties, subject to policy and technical / legal clearance.

The loan amount depends on property market value, income, existing obligations and lender policy. Typically, you can get up to 65–75% of the property value* if income supports the EMI.

For eligible profiles, interest rates usually start from around 8.50% p.a.* and vary based on bank / NBFC, loan amount, property type, city and customer risk profile. Assan Loan compares multiple lenders to help you get a competitive ROI.

Once documents and property papers are complete, sanction can come in 3–7 working days*. Disbursement typically happens after valuation, legal report and signing of loan agreement. Turnaround time may be higher in complex cases or special programs.

Yes. Most lenders prefer a CIBIL score of 700+ for smooth approval. However, even if your score is lower due to past issues, we first analyse the report and then suggest suitable bank / NBFC options or corrective steps wherever possible.

Not always. Lenders mainly check total EMI vs income (FOIR) and overall repayment track. Sometimes closing a few small personal loans / credit cards can improve your eligibility – our team guides you on the best structure before file login.