Finpage’s LAP module is designed to simplify and digitize the entire lifecycle of property-backed lending. It combines robust risk controls, flexible workflows, and deep configurability to meet the diverse needs of financial institutions. Whether it's managing high-ticket loans, handling multiple property mortgages, or ensuring compliance through legal and technical checks, the module delivers speed, transparency, and precision, making it ideal for NBFCs, MFIs, and banks looking to scale their LAP operations efficiently.
Finpage’s Loan Against Property (LAP) module empowers lenders to make confident, compliant, and scalable decisions in property-backed lending. Legal and technical validations are managed through a secure vendor interface with fee tracking and controlled access, ensuring transparency throughout the process. Borrower intent is verified via advanced Personal Discussions (PDs), including video-based interactions for added authenticity. High-ticket cases follow committee-based sanction workflows with layered approvals and full audit trails.
Integrated module with controlled vendor access, initial login deposit fee support, and secure two-way communication.
Supports tagging and managing multiple properties under a single loan.
Detects existing loans on the property and calculates additional lendable value based on margin.
Enables layered approval workflows for high-ticket LAP cases.
Handles policy exceptions with documentation and audit trails.
Easily assign LAP applications whether due to high volumes or specific deviations, to other team members, ensuring faster processing, better workload distribution, and improved operational efficiency.
Strengthen LAP portfolio oversight with automated Housekeeping, Asset, Deviation, and Vault Reports. Track pending borrower documents, monitor asset quality, and view which original documents have been vaulted, enabling proactive risk management and operational clarity.
PDs with borrower and co-borrower to verify intent and ensure document completeness.
LAP products and processes can be tailored to partner needs and ticket sizes.
Enables seamless communication between internal teams and valuation vendors.
Empowers your customers to refinance and transfer existing loans from other lenders into your portfolio under a unified LAP structure.
Finpage’s Loan Linkage feature allows multiple loans to be securely linked to a single property, even when taken by different borrowers.