Loan Against Property
Your Property Is Working.
Make It Work Harder.
A Loan Against Property (LAP) unlocks up to 70% of your property's value at home-loan-equivalent rates. WEVRIN structures your LAP for the highest sanction, lowest rate, and maximum flexibility.
What is LAP
Unlock Large Capital
At the Lowest Possible Rate
A Loan Against Property (LAP) is a secured loan where you mortgage your existing residential, commercial, or industrial property to a lender in exchange for a large loan — typically 50-70% of the property's market value. Because the loan is secured, interest rates are significantly lower than personal loans or unsecured business loans.
LAP is one of the most versatile financial products available — the end-use is largely unrestricted. Business expansion, working capital, children's education, medical expenses, overseas travel, debt consolidation — any legitimate purpose qualifies. WEVRIN maximises your sanction amount and minimises your rate across 30+ lenders.
LAP vs Personal Loan
A personal loan for ₹30 lakhs costs 14-18% p.a. A LAP for ₹30 lakhs on the same property costs 9-11% p.a. On a 10-year tenure, the LAP saves approximately ₹18-25 lakhs in total interest. If you own property, LAP is almost always the smarter choice.
Property Types
Properties Eligible for LAP
Most types of owned property can be mortgaged — WEVRIN confirms eligibility and maximises the valuation.
Residential Property
Self-occupied or rented residential flats, houses, and villas. Highest LTV available — typically 65-70% of market value. Must be legally clear and RERA-compliant.
Commercial Property
Office spaces, retail shops, showrooms, and commercial complexes. LTV typically 50-60%. Higher value assets often attract competitive rates from commercial-property-specialist lenders.
Industrial Property
Manufacturing units, warehouses, and industrial sheds. LTV typically 50-60%. Lender appetite varies significantly — WEVRIN identifies which lenders actively lend against industrial assets.
Residential Plot
Freehold, non-agricultural plots in approved layouts. LTV typically 40-50%. Must have clear title and approved development plan from local authority.
Hospitality Assets
Hotels, resorts, and guest houses can be mortgaged — typically through specialised NBFCs or HFCs with experience in hospitality sector lending.
Rented Commercial Property
Income-generating commercial property with stable rental income can unlock higher LAP amounts — lenders often factor rental yield into repayment capacity assessment.
Our Process
WEVRIN's LAP Advisory
Process
Property & Profile Assessment
We assess your property type, location, title clarity, and your income/business financials to map realistic LAP eligibility across lender types.
Valuation Optimisation
Property valuation is key to LAP sanction. WEVRIN advises on which lenders use the most favourable valuation methodology for your specific asset type.
Lender Matching
We match your property and income profile to lenders by their LTV appetite, rate competitiveness, and sectoral expertise (residential vs commercial vs industrial).
Documentation & Legal Clearance
We prepare income documents, property papers, and legal search reports — ensuring no title or encumbrance issue causes delays during lender vetting.
Sanction & Mortgage Registration
Post-sanction, we coordinate the equitable mortgage creation, registration, and disbursement — handling all intermediaries on your behalf.
Key Considerations
What to Know Before Taking a LAP
WEVRIN ensures you fully understand the structure, risks, and optimisation opportunities before proceeding.
Clear Legal Title is Critical
Any encumbrance, disputed title, or pending litigation on the property will block LAP approval. WEVRIN conducts a preliminary title check before application to avoid wasted effort.
LTV Depends on Property Type
Residential properties get 65-70% LTV. Commercial gets 55-60%. Plots get 40-50%. Understanding the LTV is critical to setting realistic loan amount expectations.
Income Repayment Capacity
LAP requires demonstrated income to support EMIs. For business owners, this means ITR and P&L analysis. WEVRIN structures the income presentation to support the highest possible sanction.
Overdraft vs Term Loan
LAP can be structured as a term loan (fixed EMI) or as an overdraft facility (draw and repay as needed). WEVRIN advises on which structure suits your use of funds and cash flow pattern.
Property Continues In Your Name
Unlike selling the property, a LAP keeps the asset in your name — you can continue to reside in or rent out the property while benefiting from the liquidity it provides.
Default Risk Awareness
A LAP is secured against your property. Consistent EMI payment is essential. WEVRIN ensures the loan amount and tenure are sized to EMIs you can comfortably sustain.
Apply Today
Unlock the Capital in Your Property Today
WEVRIN maximises your LAP sanction and minimises your rate across 30+ lenders. Apply in one step.