What is a secured loan?
A secured loan is any loan that requires the borrower to provide the lender with some form of security - some item of value which they get to keep if you don't pay the loan back.
Below are some of the more common reasons why a Homeowner Secured Loan may be a good option:
- Homeowners requiring funds in 2-3 weeks
- Homeowners that have heavy redemption penalties tied to their mortgage
- Homeowners declined for a further advance
- Homeowners that have a very competitive mortgage in place that do not want to remortgage
- Homeowners that do not want to pay any upfront fees
- Homeowners who have arrears who want to avoid remortgaging to a "sub-prime" lender
- Low rate loans available
- No proof of income required. Special schemes available for the self employed and loans available up to 90% of the property value
- Interest Only, Fixed Rate and Flexible loans available
- Applicants with credit problems welcome
- Fast secured loans, get the money you want for any purpose - fast
- No Upfront Secured Loan Fees or Charges for Cancellation - Guaranteed!
The overall cost for comparison is 10.9% APR typical - variable.
The actual rate available will depend upon your circumstances. Ask for a personalised illustration. Homeowner Secured Loans are subject to status and available to homeowners aged 18 or over. Loans secured on your home.
Lemon Loans UK - Secured Loans from £10,000 to £250,000 - call now on 0151 286 2543 or 07852 576301