A Home Owner Loan is designed for those that wish to get a loan and pay it back over a longer period to make it more affordable on a monthly basis. Debt Consolidation have access to a number of Home Owner Loans which you can use for any purpose, such as consolidation of your unsecured debt.
What Can I Use My Home Owner Loan for?
You can use our homeowner loans for any purpose. Many of our clients use them to consolidate their high-interest debts, such as overdrafts, credit cards, store cards and unsecured personal loans.
Perhaps you could use your homeowner loan to purchase your new car or to raise funds for home improvements, which may increase the value of your home.
Debt Consolidation can offer you with a large range of lending terms, such as repayment periods between 3 to 25 years and you can borrow virtually any amount between £3,000 and £100,000.
Am I Eligible for a Home Owner Loan?
As long as you own your home (even with a mortgage secured on it) you may be suitable for a Home Owner Loan as it is an additional loan and the amount that you borrow is based on the equity.
There are hundreds of lending plans available, so even if you have mortgage arrears, county court judgments, defaults or a poor credit rating, don’t worry as we will extensively search the market to find you a loan.
For more information and to apply for a Home Owner Loan from Debt Consolidation, please call us free on 0800 048 3674.