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The Good Things About Remortgages And Secured Loans

By Bert Maxwell

Whenever homeowners need to borrow big sums of money for whatever purpose they must make up their mind about a few matters such as the best way to do so.. They must decide this no matter what they want the money for.

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.

This is a great way of raising funds even when no extra funds are needed and what we are referring to here is debt consolidation that consolidates all debts.

The funding raised that is best for homeowners is a remortgage or a secured loan both of which are homeowner loans that must have the asset of a property.

The first thing that is good as regards secured loans and remortgages is the fact that they have good rates of interest and secured loans have rates from about 9% and remortgages have rates that begin at less than 2%

The second excellent thing about both these homeowner loans is because they can be used for almost anything such as paying for holidays, wedding, car purchase,etc.

The fact that remortgages and secured loans have long repayment periods of as long as twenty five years means that they are affordable to many..

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 borrowers now need accounts when wanting a remortgage

However for the self employed there are secured loans available from one lender at a maximum LTV of 60%.

For self employed wth an accountants certificate secured loans are available at up to 75% LTV. However even the 60% plan will be most helpful for the self employed who have been working for themselves for six months as they cannot get remortgages.

Learn more about the best deals on a remortgages. Stop by Champion Finance’s site where you can find out all about remortgages for you.

categories: ssecured loan,secured loans,homeowner loan,homeowner loans,debt consokidation,debt consolidation loans

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Topics: Debt Consolidation | Comments Off

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Article Citation
MLA Style Citation:
Maxwell, Bert "The Good Things About Remortgages And Secured Loans." The Good Things About Remortgages And Secured Loans. 16 Aug. 2010. uberarticles.com. 4 Dec 2014 <http://uberarticles.com/finance/debt-consolidation/the-attractions-of-secured-loans-and-remortgages/>.

APA Style Citation:
Maxwell, B (2010, August 16). The Good Things About Remortgages And Secured Loans. Retrieved December 4, 2014, from http://uberarticles.com/finance/debt-consolidation/the-attractions-of-secured-loans-and-remortgages/

Chicago Style Citation:
Maxwell, Bert "The Good Things About Remortgages And Secured Loans" uberarticles.com. http://uberarticles.com/finance/debt-consolidation/the-attractions-of-secured-loans-and-remortgages/


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