Mortgage Loan

Avail our Mortgage Loan and experience the most convenient loan against property

Loan Against Property

If you don’t have a perfect credit score or the time to wait for a mortgage loan to process, a bank might not be your best option but we are.

Rapid Investments Ltd. provides easy Mortgage Loan on any residential or alternate property so that you can fund your dreams and turn them into reality.

FAQ

What is Mortgage Loan?

It is a loan offered to individuals /firms/companies based on their existing property. Typically the purpose of the loan is – Business expansion, Debt consolidation etc. Mortgage Loan helps you unlock the hidden equity in your property holdings. You can borrow money using property as a collateral and repay in EMIs over time. This allows you to hold on to your property and at the same time, raise funds.

For what purpose can I take Mortgage Loan?

A Mortgage Loan from Rapid Investments Ltd. is a versatile product that can be utilized to fulfil many needs. You can take a loan against property for these purposes:
Business requirements
Debt consolidation
Mortgage buyout or balance transfer of existing Loan
Personal requirements

Will I be required to provide collateral for Mortgage Loan?

In order to secure a Mortgage Loan, the collateral will be the property in question. You will have to deposit the title deeds or other relevant documents with Rapid Investments Ltd. It is a requirement that the deed of the property be free of any encumbrances such as existing mortgages, Loan or pending litigation.

I have a question regarding something that is not listed here, what should I do?

We will be glad to help you with any questions regarding the Mortgage Loan from Rapid Investments Ltd. Please feel free to contact our customer representative at +91 7231832280 or email us at [email protected]

Documents Required

In order for us to process your application, we require a number of documents. Some documents must be mandatorily provided as per the Reserve Bank of India (RBI) guidelines.
The Mortgage Loan documents required is as follows:

  • Identity proof
  • Address proof
  • Income proof
  • Proof of educational qualifications (where applicable)
  • Income tax returns, Balance Sheet and Profit and Loss Account Statement for past 3 years
  • Age proof
  • Employment details
  • Details about the property that is to be mortgaged
  • Bank Statements for the past 6 months