Mortgaging your property as collateral security to cover your funding requirements is a huge decision to make, so consider all the steps discussed above. If your funding requirements aren't too high, opt for other small-term loan options such as housing loans, personal loans, emergency loans, and many more. Check out the processing fee and different charges of mortgage loans for various lending platforms on fintech with a click of a button. Also, evaluate your loan payment capacity and eligibility before applying for a mortgage loan against property. Research well and then make the decision.