Consumer Finance -> Secured
Personal Homeowner Loans
These are personal secured loans that are obtained by securing
the amount borrowed as security in the form of your home.
The cash loan can be used for any purpose that you want!
What are the benefits of a secured homeowner loan?
- A secured homeowner loan is easier to obtain than unsecured
loans as the lender has good security on the loan
- A secured homeowner loan comes with a lower rate of
interest than unsecured loans because of the property
to secure them
- As secured loans are backed by collateral, in the form
of your property, many lender will tend to be unconcerned
by those who have CCJ’s, defaults and arrears.
- They are available even if you cannot provide proof
of income, savings or pensions.
- A secured loan can be used to release equity in your
property
A broker fee may also be payable of upto 2% of the secured
loan.
Our typical Broker Fee is 1% of the loan amount
Typical 15.5% APR
variable
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST
YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP
UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON
IT.

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