This is a loan which is secured on your property, this means that if you fail to keep up repayments then your home might be at risk. But this can usually be the best way to free up equity with a great interest rate.
There are a number of advantages of getting a secured loan including:
The main danger that comes with a homeowner loan is that if you fail to keep up on the monthly repayments then you might lose your home.
For an easy way to apply for a homeowner loan, please contact us direct on our freephone number or fill in the quick enquiry form and we will call you back.
The amount that you can borrow depends on your personal circumstances, such as your house value and income.
They are just two separate terms which really mean the same thing, as they are both secured against your assets, usually your home.
A secured loan means that you are borrowing money and securing it against something of value, such as your home. So if you fail to keep up repayments then your home may be at risk.
An unsecured loan is not secured against any of your belongings, but as a result it will usually carry a higher interest rate.
Unlike some other lenders, we would never restrict you in what you decide to do with your loan. One of the most common uses is to consolidate your current debts.
A homeowner loan will cut your existing bills if you use it to pay off your high interest credit and store cards.
That depends on how much you want to borrow, for further information please contact our freephone number directly.
Ask Finance will do our best to help you even if you have had credit problems in the past. We take every loan on a case by case basis, so call our freephone number to see if we can help.
The best way to compare a loan is to look for the APR (Annual Percentage Rate), as it will give you a guide. There are other factors too, but Ask Finance will always strive to provide you with the best deal.
Ask Finance Ltd is registered in England and Wales (company number 4229724), Jackson House, Sibson Rd, Sale, Manchester, M33 7RR. Ask Finance is licensed under the 1974 consumer credit act to carry on the business of consumer credit, consumer brokerage, debt adjusting and debt counselling. Consumer Credit License No: 507130. Ask Finance is authorised and regulated by the Financial Services Authority (FSA) - FSA No: 300490 - for the provision of mortgage advice and arranging insurance.