The security for the Loan is a first mortgage of the property to be
financed, normally by way of deposit of title deeds and / or such other collateral security as may be necessary.
Interim security may be additionally required, if the property is under construction. Collateral or interim security could be assignment to LTHF of life insurance policies, the surrender value of which is at least equal to the Loan amount, guarantees from sound and solvent guarantors, pledge of shares and such other investments that are acceptable to LTHF.
Please do ensure that the title to the property is clear, marketable, and free from encumbrance. To elaborate, there should not be any existing mortgage, loan, or litigation, which is likely to affect the title to the property adversely.