Overview
As the name suggests, any loan against any property either personal or commercial falls under Loan against property, where the property would be mortgaged to a financial institution. Unlike the unsecured loan, the loan against property involves a security that is the property.
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Mandatory Requirements
- A valid copy of Passport, Resident visa, and Canadian ID.
- Copy of the documents of the property to be mortgaged.
- Income Proof.
- 3-6 months of bank statement.