Secured loans and remortgages are both secured homeowner loans, and as such they are only available to homeowners.
Remortgages and secured loans are popular with homeowners as they are flexible and all purpose loans that can be used for any legitimate reason.
They are low interest ways of funding home improvements, especially major ones such as an attic conversion, conservatory, extension, etc.
Remortgages and secured loans are pretty confusing for the man in the steet, due to all the different plans, interest rates, etc.
, and they find it difficult to decide the best way for them.
You can look at Yellow Pages and contact all the banks and building societies listed, but this is all very time consuming, and at the end of the day you will probably be as confused or more so than you were before.
Some mortgage and loan lenders may offer you the opportunity to call in at a branch to discuss the required finance during office hours Monday to Friday, making it essential for you to take time off work.
You may take them up on their appointment without even knowing if your application will be successful or not.
There is a much easier way to obtain all the information regarding remortgages and secured loans that you will ever need, and all done without leaving your own home, and all under one roof so to speak.
This is by seeking the services of a whole of the market loan and / or mortgage broker who has the whole world of available financial products at his fingertips.
You can find firms dealing with secured loans and remortgages on the web.
The words to type in are, for example, homeowner loans, debt consolidatioin loans, debt consolidation, loans,finance brokers, mortgage brokers, remortgage, etc.
This will lead to you to the appropriate website of an expert while sitting in the comfort of your own home.
The website will contain a phone number as well as a short application or contact form.
If you prefer, complete the contact form, after which you will be contacted by the expert.
If you would prefer an immediate response and a free no obligation quotation, it is better to phone the friendly expert individual who can answer any queries that you may have.
After asking a few simple questions, such as your full name, date of birth, employment status, income, the value of your property, the current outstanding mortgage balance, the amount of secured loan or remortgage required, the purpose of the loan, etc.
, he can give you a quotation or at least an approximate one.
If the figure quoted is of interest to you, the broker will read you the Data Protection Act and ask for your consent to carry out a credit check, after which you can obtain a concrete, completely no obligation quote.
You will know immediately that your application for a secured loan is accepted or not, providing all the information you have given is correct.
For remortgages, much more detailed information is required, and if you want to consider the remortgage route, the broker will spend some time on the phone asking the required questions or can arrange to visit you in your home at a time to suit you.
The above methods are much better than trudging through the list of different lenders in the telephone book, or arranging appointments at a time to suit the lenders and not you, the customer.