2008-02-08 10:23:43
125% LTV Secured Loans - Maximizing Your Borrowing Power with a Homeowner Loan
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 First off, what exactly is a "125% LTV" secured loan?
The "LTV" refers to "Loan to Value". So basically, a "125% LTV" secured loan means that you are looking to borrow 125% of the total value of your home or flat, minus your current outstanding mortgage.
Here is how it works. First, take the current appraised value of your home. Let's say that number is 100k pounds. Then, you multiply this number by 1.25, which would leave you with a total value of 125k pounds. Now, subtract the current outstanding mortgage on the property plus any outstanding secured loans that you may already have. Let's say that this number is 50k pounds, which would leave you with a total maximum borrowing power of 75k pounds.
To apply for a 125% LTV Secured Loan, click here
This is not to say that you have to borrow 75k pounds, but this merely represents the highest amount that you could borrow from a secured loan lender.
Now, what could you use a secured loan for? A variety of different reasons, including:
-debt consolidation
-home renovation loans
-new vehicle purchase
How do you apply for a "125% LTV" secured loan? That's simple. Simply click on the link that you see below and you will be taken to our easy-to-use application form. Apply today! There is no obligation to accept the loan offer, should you be approved.
Apply for a Lending Place secured loan today!
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