Self Cert Homeowner Loan

Self Cert Homeowner Loan

If you are looking for a secured loan and you are self employed or not able to prove a steady, consistent income then it is highly recommended that you consider declaring your own income. This is known as a self cert homeowner loan.

It is possible to get a secured loan this way even if you have not been successful elsewhere for a variety of reasons such as having a poor credit record, being self employed, having arrears or you may even be in an IVA!

Although it is possible to get your self cert homeowner loan with no proof of income, the more supporting evidence you can supply the better it will be for you but generally speaking, if you maintain the payments on time for two years you should be able to re-negotiate a better rate. Examples of proof you can supply to help your case include:

- self declaration of income
- accountant's certificate
- recent bank statements
- mortgage statement

Bear in mind, that the less proof you supply, the greater the chance you will pay a higher rate of interest.

To apply for a self cert homeowner loan click here.