Loan Against Property FAQs | Butter Money

Question 1

Can I get a loan against any type of property?

Accepted Answer

Most lenders are picky, but we aren't. We help you secure loans against residential, commercial, and even industrial properties. Whether it's a self-occupied home, a rented office, or an ancestral plot, our advisors know which bank's policy fits your specific property type to ensure you don't get a rejection.

Question 2

How much money can I actually get? (What is the LTV?)

Accepted Answer

Typically, you can get anywhere from 60% to 75% of your property's current market value. The Butter Advantage: Banks often undervalue properties to play it safe. We work with independent valuers to ensure your property is appraised at its true market worth, helping you unlock the maximum possible liquidity.

Question 3

Is a LAP better than a Personal Loan?

Accepted Answer

Absolutely. While Personal Loans carry interest rates of 11%–18%, a LAP usually starts at 8.5%–9.5%. Because it's a secured loan, you get a much longer tenure (up to 15 years), which significantly reduces your monthly EMI burden. It is the smartest way to consolidate high-interest debt or fund business growth.

Question 4

My property documents are old. Can I still apply?

Accepted Answer

This is where most digital platforms fail, but Butter Money excels. Chain of Title issues are common in India. Our experts help you navigate the legal paperwork and connect you with lenders who are comfortable with complex documentation, saving you from a flat-out rejection.

Question 5

Can I use the money for my business? Are there any "end-use" restrictions?

Accepted Answer

You have total flexibility. You can use the funds for business expansion, working capital, child's education abroad, or medical emergencies. The only thing you cannot use it for is speculative activities (like the stock market) or illegal acts. We help you present your end-use to the bank in a way that speeds up approval.

Unlock up to ₹15 Crores cash from your property.

Unlock up to ₹15 Crores
cash from your property.