Low Rates On
Home Equity Finance
For Homeowners
Application Form
Borrowing Up To 125% Home Equity
Get A Competitive Quote
If you need to raise a lot of finance and you're a homeowner, we can find you a competitive cheap loans quote on a home equity loan.
Whatever you need the money for, there are few, if any, few lenders now who can offer you a loan up and above to the value of your property. In the past, not just 100% of the value but as high as 125% loans were available from many lenders, but that type of lending is said to be partly to blame for the credit crunch. Such loans are more risky for lenders as house prices can fall, creating negative equity situations.
Suitable For Debt Consolidation
Typically 125% home equity loans were used to consolidate a person's existing debts into one lower, affordable monthly sum. Some used the money to pay for a dream holidays or to buy a new car and it seemed a reasonable thing to do when house prices were rising rapidly. In fact, lenders quoted in their advertising that there were no restrictions on how you could use the money.
Comparing Loans Deals For You
Our professional advisers search from hundreds of lenders to offer the greatest variety of loans and terms to suit you. With just one monthly payment with no sudden interest rises and no surprises, you can wave goodbye to that pile of high bills with due dates that are hard to remember, resulting in late fees and tarnished credit.
Changes in Lending
Loan providers are now much more cautious in the way loans are approved. Home equity is still used a loan guarantee vehicle but the percentages applied are now very different. Apply for a loan with us and find out what we can do for you.