A secured personal loan is secured against your home to act as security to lender for money you have borrowed. A secured personal loan is often referred to as a homeowner loan.

Secured personal loans are an ideal solution for homeowners who have recently been refused a personal loan or for home owners wanting to borrow a larger loan amount.

The property you own is valued and lender can then decide how much they are willing to loan you. A secured personal loan can sometimes be best option if you are looking for lower rates of interest, longer repayment lengths and own your home.

Secured personal loans are 'secured' on assets of borrower. The most often used asset for a secured personal loan is borrower's home. In some cases lenders may allow loan to be secured against other items of value. Because lender has security, interest rate (APR) offered is usually lower than for unsecured loans, but rates can vary greatly depending on individual circumstances. Secured personal loans offer lower interest rates, due to lower risk that is being taken on by loan company.

This type of loan is essentially an amount that is secured against property put up by you as collateral. Since this affords a measure of security to lender, you as borrower get lower interest rates and a longer period in which to pay back your loan

A personal secured loan is secured against your home to act as security to lender for money you have borrowed. A personal secured loan is often referred to as a homeowner loan. Personal secured loans are an ideal solution for homeowners who have recently been refused a personal loan or for home owners wanting to borrow a larger loan amount.

Personal secured loans enable homeowners to borrow capital against value of their property. This means that you are effectively using your property to guarantee loan. This means that person taking out loan uses their home as collateral to secure loan.

A personal secured loan , also known as a home owner loan, is a loan which is secured by a mortgage over your property. This means that if you fail to pay back your loan lender has right to take your property. As lender has a lower risk of losing money, they can offer a secured loan at a lower APR (annual percentage rate) than an unsecured loan.

Personal secured loans can be used for any purpose and are one of ways that you can use equity in your home to raise money for things you've always dreamed of - like that long overdue holiday, home improvements, or buying a new car. You can also use a secured loan to consolidate your debts into one manageable monthly repayment.