Secured Homeowner Loans - Loanable | Secured Loan Specialists

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Understanding Homeowner Loans

A homeowner loan is a type of secured loan that leverages the equity in your property to create a lump sum of capital for your use. This type of loan can be incredibly beneficial for carrying out home improvements, debt consolidation, or other large purchases. It offers a straightforward method to unlock your property’s value.

Homeowner loans are a practical, long-term financial solution, with terms usually ranging from 3 to 30 years. At Loanable, we recognise that each customer’s situation is unique, so we customise our loan options to fit your specific requirements.

Our secured loans distinguish themselves from traditional financing options due to their adaptability and simplicity:

  • Unlocking Equity: Managing home improvements or other significant costs can be daunting. With Loanable, you can unlock your property’s value, with loans ranging from £10,000 to £1 million. This provides a flexible approach to managing your finances with a single, regular repayment.

  • Tailored Repayment Terms: Our homeowner loans are designed to suit your financial situation. With repayment terms from 3 to 30 years, we give you the flexibility to select a repayment period that fits your circumstances best.

  • Leverage Your Property: Whether you’re planning a large home improvement project, looking to consolidate debts, or funding a significant purchase, our homeowner loans offer a clear financial path.

  • Poor Credit? Not An Issue: Unlike traditional lenders, we look at your overall financial situation, not just your credit history, when making our lending decisions. This means that even with a less-than-perfect credit history, you could still be eligible for a Loanable homeowner loan.

  • 100% LTV Products Available: Need a loan equivalent to the full value of your property? No need to fret; we’ve got you covered with our range of products.

We aim to streamline your financial journey. With our homeowner loans, you’re not just leveraging your property’s equity; you’re also getting support from a dedicated, experienced advisory team who’ll be there for you every step of the way. Choose Loanable for a homeowner loan that’s tailored to your needs.

The Benefits of Choosing Loanable Homeowner Loans

Our commitment at Loanable is to aid you in managing your financial journey with maximum efficacy. Our homeowner loans come with a range of benefits, equipping you with the power to manage your finances with confidence, irrespective of your financial condition.

  • Simplified Financial Management: If you’re facing the complexities of multiple repayments to different lenders, our homeowner loans offer an optimal solution. With a single, regular payment, you can streamline your financial commitments and manage your money more effectively.

  • Flexible Repayment Terms to Suit Your Circumstances: We understand the uniqueness of each individual’s financial situation. Hence, with repayment terms from 3 to 30 years, we provide you with the flexibility to opt for a term that aligns with your financial position and repayment capacity.

  • Consideration for Poor Credit History: A less-than-perfect credit score shouldn’t deter you from reaching your financial aspirations. At Loanable, we take into account your entire financial situation, not merely your credit history, when making lending decisions. For more information, view our bad credit loans.

  • No Preliminary Credit Checks: We realise that the loan application process can be overwhelming, especially if you’re apprehensive about the potential impact on your credit score. This is why we do not conduct initial credit checks. Our focus is instead on your overall financial circumstances to make our lending decisions.

Homeowner Loan Use Cases

Our homeowner loans can be advantageous in a variety of situations. Here are some common scenarios where a homeowner loan might be the ideal solution:

  • Unifying Multiple Debts: If you’re managing various debts from different lenders, a homeowner loan can simplify your financial affairs. By uniting your debts into a single loan, you’re only responsible for a single regular repayment. For more information, view our debt consolidation loans.

  • Enhancing Cash Flow: High-interest debts can take a significant chunk out of your monthly income. By unifying your debts into a homeowner loan with a competitive rate, you could potentially lower your monthly repayments, thus freeing up more of your income.

  • Re-establishing Credit: Managing multiple repayments can be daunting, and missed payments can have a negative impact on your credit score. A homeowner loan can assist in rebuilding your credit by transforming multiple debts into one manageable repayment.

  • Sizable Debt Amounts: If you’re grappling with larger debts that smaller unsecured loans can’t cater to, a homeowner loan can provide the necessary funds to consolidate these debts.

At Loanable, our mission is to provide financial solutions that align with your unique needs and circumstances. Trust us to guide you towards a more sustainable financial future

Are You Eligible for a Loanable Homeowner Loan?

We strive to make our homeowner loans available to as many individuals as possible. Our primary objective is to assist you in regaining control over your financial situation, irrespective of its current state.

Here’s an overview of our eligibility criteria and requirements:

  • Age Requirement: You must be at least 21 years old to apply for a Loanable homeowner loan.

  • Security Requirement: A homeowner loan requires a property as collateral. This can be your primary residence or another property that you own.

  • Proof of Repayment Capability: While we don’t solely base our decisions on your credit history, we do require proof that you’ll be able to repay the loan. This evidence could come in the form of income details, savings, or a budget plan illustrating your capability to manage the new homeowner loan repayment.

  • Residency: Our homeowner loans are available to UK residents. In terms of required documentation, we typically request:

    • Proof of identity (for instance, a passport or driving licence)
    • Proof of address (such as a utility bill or bank statement)
    • Proof of income or repayment plan
    • Details about the property being used as security

We take pride in our inclusive lending approach. Don’t let traditional qualification limitations or a poor credit history deter you from applying for a homeowner loan with us. We’ll assess your complete financial picture and strive to find a solution that fits you. Apply today and allow us to help you streamline your financial management.

How to Apply for Your Homeowner Loan

We know that sorting out your finances can seem overwhelming, which is why we’ve made our application process straightforward and hassle-free. Here’s your step-by-step guide to applying for a Loanable homeowner loan:

  • Step 1: Fill Out Our Online Form
    Begin by completing our simple and user-friendly online form. We’ll need some basic details about you, the loan amount you’re seeking, and the property you’re using as collateral.
  • Step 2: Consultation with Our Advisors
    Once we’ve received your online form, one of our knowledgeable and friendly advisors will reach out to you. They’ll discuss your individual needs and financial situation, and will be more than happy to answer any questions you may have. This call enables us to customise the loan to your unique needs.
  • Step 3: Receive Your Customised Loan Proposal
    After the consultation, we’ll put our expertise to work to find the most suitable lender and assemble a customised loan proposal that fits your circumstances. We’ll send this proposal to you for your review and approval.
  • Step 4: Legal and Property Checks
    With your approval, we’ll proceed with the necessary legal checks and property valuation. We strive to carry out these checks swiftly to avoid any delays in processing your loan.
  • Step 5: Loan Disbursement
    Once all checks have been successfully completed, the lender will release the funds. The timeframe for this can vary, but we always aim to have the funds available to you within a matter of days.

Throughout the application process, our team of advisors is available seven days a week to assist you. Don’t hesitate to reach out to us at any time.

Securing a homeowner loan with Loanable is that easy! Begin your application today and take the first step towards simplifying your finances.

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Homeowner Loan FAQs

We understand that getting a homeowner loan is a significant financial decision. At Loanable, we want to make this process as clear and straightforward as possible. Here are some frequently asked questions to help guide you:

A homeowner loan is a type of borrowing that requires you to put your property as security against the loan. This means you’re able to borrow more significant amounts at potentially lower interest rates, even if you have a less-than-stellar credit history.

Remember, before you commit to a homeowner loan, ensure you have a thorough understanding of all terms and conditions. Consult a financial advisor if necessary to make the best decision for your circumstances.

Your Trust is Our Reward

At Loanable, your trust is paramount to us. We’re proud to be fully authorised and regulated by the Financial Conduct Authority (FCA). This means we adhere to the highest standards of conduct in the financial services industry, putting your interests at the heart of our business.

We’re also humbled and grateful for our clients’ positive feedback, earning us over 150 5-star reviews on Feefo.

Take the first step towards securing your property goals with a company that’s trusted by hundreds of homeowners across the UK. Get in touch with us today to explore your bridging loan options.

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Get in touch

We’ve made sure you have various ways to reach out to us. Whether you have questions, need more information, or are ready to apply for a loan, we’re here to help!

Phone: You can call us directly at 01925 988055. Our friendly team is available Monday-Sunday from 9am-7pm to assist you.

Email: Prefer typing out your queries or concerns? No problem! Reach us at [email protected], and we’ll get back to you as soon as possible.

Physical Address: If you’d rather speak to someone in person, you can visit our office at The Old Rectory, Rectory Lane, Winwick, Warrington, WA2 8LE.

Taking the Leap with Loanable:
Ready to bridge the gap in your finances with a bridging loan from us? Wonderful! Click the “Complete Our Form” button below, and let’s get started. Or if you have more questions, don’t hesitate to reach out to our team. We’re always here to ensure you have all the information you need to make the best decision. Your financial future awaits, let’s explore it together with Loanable!

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About Us.

We’re based in the North West of England with a dedicated, experienced team of  advisors helping homeowners, property developers and investors across the United Kingdom. We have access to over 400loans from the nation’s top lenders. We’ll match your individual circumstances to the right advisor who will source the best lender and ensure you get the correct deal.

We’re open 7 days a week Simply complete the form and one of our advisors will make contact and talk you through your options.

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