Mortgage loan is for those who have an urgent need to raise money and have only illiquid assets such as residential property, industrial land or commercial premises, or other assets like gold.
Lavish Easy facilitates such Mortgage Loans for prospective customers who are in dire need of money.
A unique feature of mortgage loan is that unlike other loans, there is no condition of end-use. That is, the loan is granted irrespective of the purpose for which it is taken or used. In other words, while the Banker is not obligated to ensure the end-use of the loan granted via a mortgage of security, it is incumbent on the borrower to use the loan proceeds prudently and ensure timely repayment.
Lavish Easy has successfully arranged the following secured loans under Mortgage Loans for its customers: