Homeowner Loans

What are Secured Homeowner Loans?

Homeowner loans are loans that are secured on property (in effect an additional charge on your property to your mortgage). Because they are secured on property, the interest rates are lower because the risk to the lender is lower.

With the reduced risk, lenders are able to offer some of the most competitive APR rates around even if you have bad credit or CCJs. If you need a Fast Low Cost Loan and own property this might be the solution for you.

Even if you -

Have County Court Judgements/Defaults
Have Mortgage Arrears
Have Been A Discharged Bankrupt
Had or Currently Had An IVA
Have Previously Been Repossessed
Have Income-But Cant Prove It
Have No Accounts or are Self Employed
Have a Short Employment History
Have No Credit History

There should be a loan available to you.

Purpose

Unlike a mortgage, which has to be for the purchase or improvement of a propery, Secured Homeowner Loans can be used for any purpose, it does not really matter what you want the loan for as long as you are a homeowner.