First Choice Finance - Mortgage Broker First Choice Finance Compare Home Owner Loans
First Choice Finance - Mortgage BrokerCompare Home Owner Loans


Refinance Options For Homeowners

Refinance Options For Homeowners

Mortgages & Remortgages For Refinance
No Obligation Free Quotes
Multiple Homeowner Loan & Mortgage Lenders



 



First Choice Finance Offer you a variety of refinancing options for home owners, as a finance broker with 25 years experience we are able to help you refinance using either a remortgage or a home owner loan.

With a panel of mortgage lenders and loan providers we help you compare the different options to find the best deal we have available for your individual circumstances. All quotes are free and you are under no obligation to proceed with any remortgage or loan offer we may give you.



Homeowner loans

Video transcript

If you need to borrow a significant amount of money and you are a homeowner or paying a mortgage, looking into homeowner secured loans could be an option for you, whether you have a good or impaired credit history.

Most loan options available on the high street are unsecured personal loans, where automated systems play a major role in deciding whether or not you`re able to take out the loan.

Not only that, but they limit you to relatively small amounts of money, most loans being well under £10,000 which may not be enough for your needs.

First Choice Finance are able to look at your individual circumstances to fit you to a homeowner loan that matches your needs and luckily lending conditions for secured loans like these are on the up, according to the 2012 Q4 Bank of England Credit Conditions Survey.

Factor in the facts that some home loan plans enable you to raise from just £3,000 up to £100,000 for virtually any purpose and the ability to pay it back over 3 to 25 years to suit your budget and you might see why many consumers choose these loans.

The money could be used for a whole host of reasons, such improving your home or if your family is expanding, you may need to buy a people carrier.

Alternatively, take control of your finances and use the money raised to pay off multiple credit cards or personal loans, to leave you with a single manageable monthly repayment.

Please bear in mind you may ultimately pay more interest if you keep the loan for the full term.

To get a free quote or just find out if we can help you with homeowner loans, talk to one of our finance experts for free from a landline on 0800 298 3000 or call 0333 0031505 on your mobile, otherwise please fill in our short on line form.


Using Your Home Equity To Get A Larger Loans

Unlike a personal loan a homeowner loan can be used to raise much larger amounts, upto £1250,000. The amount of money you are able to borrow will depend on a number of factors, these include your credit profile as well as the amount of equity you have available in your property. Here at First Choice Finance we are able to help answer your questions on homeowner loans and help you through the loan process from beginning to end.

Because homeowner loans are usually larger than the unsecured counterparts the term of the loan is often longer. This means that the monthly repayments will often be lower as the longer term will spread the repayments more, although this will often result in paying back more interest on the loan over the term of the loan agreement. For more information please contact us and speak to one of finance experts who may be able to help, with a wide range of loan and mortgage options we have a finance solution to suit most circumstances.

Homeowner Secured Loans
Rates From 7.1% APRC Representative Example £30,000 over 72 months @ £679.90 repayments. Total payable of £49,949. 20.1% APRC including £2,975 intermediary fee and a £995 lender fee. Loans secured on property. First Choice are tied to certain loan providers.

Mortgages & Remortgages
4.5% APRC
Representative Example: Borrow £80,000 over 25 years At 4.6% Variable, £461.95 for 300 months.
Total Payable £138,585. Total Cost Of Credit £58,585 (incl £1360 fee).


Unsecured Personal Loans
REPRESENTATIVE 49.9% APR (VARIABLE)
First Choice are tied to certain unsecured lenders.


THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Security is required on immovable property.



Established In 1988. Company Registration Number 2316399. Authorised & Regulated By The Financial Conduct Authority (FCA). Firm Reference Number 302981. Mortgages & Homeowner Secured Loans Are Secured On Your Home

First Choice Finance is a trading style of First Choice Funding Limited of The Old Courtyard, 103 Buxton Road, High Lane, Stockport, Cheshire. SK6 8DX. Copyright protected 2014.


  Best Deals & Latest News

Buying A House With Bad Credit

I Need A Secured Loan

Remortgage Poor Credit

How Much Would a £50,000 Mortgage Cost

Subprime Lenders UK

Online Home Loans
Secured Loans and Remortgage Advice
Loan or Mortgage Application

Loan Plans

Mortgage and remortgages - Best Buys

Loan Companies For Poor Credit

If you have a poor credit rating you may find it more difficult to find a loan here at First Choice Finance we have specialist lenders offering a range of poor credit loans so enquire online and speak to us we may be able to help even if you have been declined finance in the past.



Availability of secured credit largely static in Q1