Loan Against Property

About

In this course, you will learn about one of the mortgage products i.e. Loan Against Property (LAP) also referred by some as Home Equity Loan or mortgage loan. The norms of raising loan against self-owned property differs based on the type of property and customer segments. While it is a good product for the customer to raise a low-cost finance for business as compared to unsecured business loans or personal loans, it is equally good for a financial institution considering higher yield than home loan and also collateral in the form of immovable property. The module has a simple and powerful real life case studies with detailed explanation of calculation for better understanding of the product.

Overview of the course content:

● Evolution of the product LAP
● How to Identify need, want and demand of LAP
● Variants of LAP
● To know customer intent
● To know the lender risk concern
● Features of LAP
● Designing a product for LAP
● To segment the market and identify target
customer segments
● How to present value proposition to the customer

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The Mode of Delivery:

To make it simple and easy to understand, the course will be delivered as video-based module with voice over in English to assist learners. We have designed this course spread over various segments followed by a knowledge test and a quiz at the end.
You will be asked to download a workbook at the beginning of the module. Do remember to download and take notes and list down your questions that you may want to ask the facilitators of the course.
To make it easy, we have two sections in every frame of the video.
The first is discussion board. It is a community of learners, where you can raise your questions that may be answered by one of the learners or by the facilitators for the course. It is possible that your questions may have been raised already by a learner and you can see trail of the discussion and concluding comments by the facilitator.
The second is a section for taking notes. This is an online space for you to take notes of your learnings or important points that you want to recall. You must remember to download or copy the same to your note pad or a word document before expiry of the course for which you may have been enrolled.

Total Time:

The module is of 43 minutes.
Total time required for this course would be nearly 43 minutes. The entire course has been divided into smaller micro learning modules. You can even complete micro modules of 05 to 20 minutes at your convenience. We recommend you allot good time to recap your learnings.

Evaluation Process:

At the end of the course, you will have an “Online Test” for being certified as proficient in the course on getting minimum of 60% and above.
You should identify yourself on the following scale.
Score of 90% plus – Maestro
Score of 70 - 90% - Expert
Score of 50 - 70% - Professional
Score of less than 50% - Try again
You will get a certificate that can be downloaded for your records. We encourage you to share your proficiency on the social media especially in LinkedIn, Instagram and Facebook to showcase your competency amongst our peer group. This will help you to build professional competency profile.

Wish you all the best!