- December 18, 2020
- Posted by: avantmortgage
- Category: Mortgage
Nowadays, apart from banks, there are various financial institutions which provide both business and personal financial assistance. A secured loan that is taken by using the property as a mortgage is a loan against property. It helps you make use of idle property and offers financial assistance. Business owners are eligible for a property loan, with a company with full documentation being the only criterion. In addition, the applicant’s age should be a minimum of 25 years and the valuation of the property should be at least 90481.20 SGD.
A secured loan is a loan against property and has a simple process. The process is transparent and there is a simple requirement for documentation that includes proof of identity, proof of address, and proof of income and property documents. It is a fast route to funding and is highly preferred among most people. Therefore, loan against property ensures that the ownership of the property remains with you and can use a mortgage on it to get financial assistance for your company.
Check more details at https://www.avantmortgage.sg/