Understanding Loan Against Property (LAP) in India: A Guide for DSAs
Learn how Loan Against Property works and how to guide clients as a DSA.
This learning module explains Loan Against Property (LAP) — a secured credit product where property is used as collateral. DSAs need to understand LAP criteria, calculations, and risks to guide clients effectively.
In this presentation, you will learn:
What Loan Against Property (LAP) means
How lenders evaluate property and borrowers
Key terms like LTV (loan-to-value), tenure, interest rates
Eligibility criteria for LAP
Documentation requirements
How EMIs and loan cost are calculated
Risks and foreclosure impacts
Practical tips to position LAP with clients
This module breaks down technical mortgage and lending concepts into simple explanations so that even beginners can confidently handle LAP cases.
By the end, you will be able to explain LAP features, assess suitability for borrowers, and prepare strong cases for approval.
