With many lenders requiring more security when they lend, if you are a homeowner & have at least 15% equity in your home then you may be able to get a better loan deal in line with your requirements. As the lender is securing the loan against your home, a homeowner or secured loan as they are also known, can often provide a more attractive longer term finance solution than an unsecured loan.
Less than Perfect Credit History?
If you have a less than perfect credit history and you are a homeowner and you are looking for a loan repayment term longer than 5 years then a homeowner loan may be an option you want to consider. For secured loan quotes use the table above: