Loans

At Financially Sound we offer a number of solutions from the financial market.

If you have equity and wish to release some of the capital beyond an existing mortgage then speak to us regarding the options available.

We review your situation then look for a loan that matches your circumstances;

Loans that are sourced can include;

• Loans especially developed for home owners
• For any reason
• For short or long term
• When you want it
• Loans with low or no fees

For more information please choose from the following;

• Commercial Loans

• Secured Loans
  

Information on Secured (Personal) Loans

Obtained in the same way as a personal unsecured loan, the main difference being that you agree to provide the lender with security, in the case that you default. 'Security' can come in many forms (for example, share certificates, car, boat, plane, even cash bank accounts); however, these days banks prefer this security to be a charge over your house.

The upside of a secured loan is that interest rates and costs are usually lower – as the lender still has recourse to funds in a worst case scenario.

The downside to a secured loan is that you run the risk of losing the asset if you cannot repay the loan.