Whenever homeowners come to a point that he wants extra sums of money he must decide the best way to obtain the money he wants whether it is to buy a motor home, carry out home improvements, etc.
If you are a homeowner you have two great methods of raising this and you can use the money raised for almost anything you want.
Sometimes these loans are applied without any additional funds being needed and this is when these rwo homeowner loans products are being used as debt consolidation loans.
These ideal ways of borrowing for homeowners are remortgages and secured loans both of which are loans that need the security of a property.
The first thing that is so good about secured loans and remortgages is their low rates of interest with remortgages at from less than 2% and secured loans from about 9%
Another aspect that is very handy is that they have so many uses from paying school fees. going on holiday, buying a motor home, etc.. Actually anything that you could possibly want can be paid for by these ways of borrowing..
Another good aspect is due to the fact that they can be repaid over a period of twenty five years meaning that most can afford the repayments.
Most homeowner can make an application for a secured loan or remortgage and those in employment need three recent wage slips with their application..
Self employed remortgage applicants must now provide accounts which is different from in the past.
However there are self employed loans available from one lender at 60% LTV on a self cert of income as long as they have been six months self employed.
On the other hand if a person has at least an accountants certificate, secured loans at 75% LTV can be had.
If you are a homeowner you have two great methods of raising this and you can use the money raised for almost anything you want.
Sometimes these loans are applied without any additional funds being needed and this is when these rwo homeowner loans products are being used as debt consolidation loans.
These ideal ways of borrowing for homeowners are remortgages and secured loans both of which are loans that need the security of a property.
The first thing that is so good about secured loans and remortgages is their low rates of interest with remortgages at from less than 2% and secured loans from about 9%
Another aspect that is very handy is that they have so many uses from paying school fees. going on holiday, buying a motor home, etc.. Actually anything that you could possibly want can be paid for by these ways of borrowing..
Another good aspect is due to the fact that they can be repaid over a period of twenty five years meaning that most can afford the repayments.
Most homeowner can make an application for a secured loan or remortgage and those in employment need three recent wage slips with their application..
Self employed remortgage applicants must now provide accounts which is different from in the past.
However there are self employed loans available from one lender at 60% LTV on a self cert of income as long as they have been six months self employed.
On the other hand if a person has at least an accountants certificate, secured loans at 75% LTV can be had.
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Looking to find the best deal on debt consolidation, then visit www.championfinance.com to find the best advice on mortgages for you.
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