When applying for a loan against property, several factors are considered to ensure you receive a high-quality service without any complications. Firstly, your income is crucial as it demonstrates your ability to meet monthly repayments and maintain your loan balance. A high credit score is equally important because it reflects your financial responsibility and creditworthiness, which can significantly influence the terms of the loan, such as the interest rate and loan amount. Additionally, professional lenders require detailed information about your financial history and current debts to assess the risk associated with lending to you. Understanding how these factors relate directly to your eligibility can help you better prepare for securing a loan against your property, ensuring a smooth and successful transaction with your service provider.