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A secured loan is a loan where you will be required to use your property as security against the loan, so the lender is able to balance the risk of lending to you. The amount that can be borrowed differs from lender to lender and your individual circumstances.

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14y ago

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Where can one order home secured loans?

Quicken Loan's website is one place where someone can order a home secured loan online. Bank of America is another place where someone can go to order a home secured loan.


If someone was interested in a secured bank loan where could they learn the process of how to apply?

There are many ways to find out about a secured bank loan, however every bank is different, for instance each bank will not have the interest rate. The best place to learn about a secured bank loan would be the bank that you are interested in getting the loan at.


What is a secured loan?

what is a secured loan


Where can one get a secured fast loan from?

Credit Jungle is one place that offers you fast secured loans, it also offers you credit advice, information on how the company works and places to find the best secured loans.


What is a partial secured loan?

Where only part of the loan is secured.


Where can one find the best secured loan terms online?

A person can compare many secured loan terms online to determine which is the best for them. Among the sites one can use is the site SecuredLoansComparison and MoneySuperMarket.


Is a mortgage considered a bond type security?

No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.


What makes a loan a secured loan?

A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan.


What is a secured home loan, and where can I acquire one?

A secured loan requires the posting of collateral, be it monetary or property, prior to obtaining the loan. Almost every bank and credit union offers secured loans. You will need to talk to a loan officer at one of those institutions to find out exactly what you'll need in order to obtain a loan as every place has different regulations.


What is the example of secured loan?

A mortgage is a secured loan. Any loan that has a charge on assets is a secured loan - effectively, if you don't repay it gives the lender the right to take the goods against which the loan was granted.


What does it mean when a debt or a loan is personally secured?

When a debt or loan is personally secured, it means that the person who took out the loan has used something as security in case they default on the loan. A mortgage is an example of a secured loan.


Where can one with poor credit get a secured loan?

You can get a secured loan with poor credit online from the Secured Personal Loan Gofo website. However, to get a secured personal loan from companies like this, you may need property or other collateral.