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Apply For A Secured Loan

To get started, simply fill in your details below:

Step 1:

As a Credit broker, we collect and process your information to establish your general suitability against a panel of lender’s product criteria in order to provide you with a loan option. A credit soft search will be conducted; however, this will not adversely affect your credit rating.

We will retain your information securely on our system for any future updates and products that we think may be of interest to you.

For detailed information please refer to our Privacy Policy and Terms & Conditions

Typical APRC Example: Assumed borrowing of £11,000 over 72 months, plus a broker fee of £1,350 and lender fee of £395 would result in monthly repayments of £255.17. The applicable APRC is 20.7%, it comprises of an initial fixed rate for 60 months at 12.9% and then the applicable standard variable rate, currently 12.9% for the remaining 12 months. Total charge for credit would be £5,627.24. Redemption administration charge of £195 applicable when you repay the loan in full. The total amount payable would be £18,567.25.

Opal Loans and Mortgages is a Broker not a Lender.

First Charge Mortgage

You will be charged a fee for the service that we provide. The fee is 7.5% of the loan amount (up to a maximum of £1975.00), payable on completion of your loan, for example a fee of £1125.00 will be payable on a loan amount of £15,000.

Second Charge Mortgage

You will be charged a fee for the service that we provide. The fee is 9.5% of the loan amount (up to a maximum of £3750.00), payable on completion of your loan, for example a fee of £1425.00 will be payable on a loan amount of £15,000.

Secured Loans from Opal Loans & Mortgages

A secured loan uses the collateral equity of your home to help give you access to better rates and will usually mean you can borrow a larger amount than if you considered an unsecured loan option.

Opal loans are a little different. Even if you have a bad credit history, we may be able to help you with a loan at an excellent rate depending on your individual circumstances through our wide panel of lenders.

This ability to help find the finance to those who were previously turned down by other companies doesn’t mean we’re slow, either.

This is all thanks to Opal being a broker of loans, not a lender. By establishing a network of connections with lenders across the country, we receive commission for every loan that is secured through our service. What does this mean for you? We may be able to help secure you finance where you would otherwise be unable to.

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  • Borrow from £8,000 to £500,000 over 3 to 30 years.
  • Rates from 3.65% to 18% Per Annum.
  • Friendly staff dedicated to helping you.
  • All Credit Ratings Considered.

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.

  • Must be a homeowner or shared home ownership with a housing association.
  • Aged 21 – 69 at the time of application.
  • Employed or Self Employed with a minimum household income of £1500 per month.
  • Income must be provable by payslips if employed or at least 1 years Self-Assessment Tax Return if self employed
Apply Today

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