Mortgage plus a cash-flow test
LAP is a mortgage plus a cash-flow test. Valuation gives an LTV cap. Your GST and banking must still service the EMI. Clean title with a weak business is not an automatic yes.
Home, shop and commercial are different paths
Self-occupied property can still be mortgaged under many policies, but you should understand the risk to the family home. Commercial property is a different LTV and a different legal path.
LAP is the right tool for large expansion or takeover. It is the wrong tool for a three-month stock gap — that is cash credit.