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Get Secured Loan Application Form - Vantage Finance

Cars owned: Monthly expenditure Applicant 1 Applicant 2 Car expenses (including tax, MOT, insurance, petrol etc): Ground rent/service charge: Pension/life Insurance/mortgage repayment vehicle: Buildings & contents insurance: Council tax: Gas, electricity, heating fuels: Water: Shopping: Costs for medical/care assistance: TV, internet, sky/cable, telephone, mobile: Entertainment & recreation: C.

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How to fill out the Secured Loan Application Form - Vantage Finance online

This guide provides clear and supportive instructions for completing the Secured Loan Application Form from Vantage Finance online. Whether you're a first-time applicant or have experience, these steps will help ensure you provide all necessary information accurately.

Follow the steps to complete your loan application form successfully.

  1. Click ‘Get Form’ button to obtain the form and open it for editing.
  2. In Section 1: Introducer Details, enter the introducer's name, company, address, mobile and telephone numbers, email address, and postcode. Indicate the introducer's status as either a directly authorized firm or an appointed representative, providing the relevant FCA number if applicable.
  3. Proceed to Section 2: Loan Requirements. Here, specify the desired loan amount and its purpose. If applicable, detail the method of repaying the loan if it is interest only, and provide the repayment term.
  4. In Section 3: Applicant Details, fill in the first and second applicant's titles, names (first, middle, and surname), date of birth, contact numbers, email addresses, marital status, nationality, and home addresses. Include details of any dependants.
  5. Move to Section 4: Employment Details. Provide the employment status, occupation, National Insurance number, duration in the job, employer's information, and gross and net income details for both applicants.
  6. Fill out Section 5: Expenditure and Consolidation. List the monthly expenditures for both applicants, detailing all relevant expenses such as car expenses, insurance, utilities, and entertainment costs.
  7. In Section 6: Security Property Details, provide information regarding the property being secured. This includes its market value, purchase details, tenure, and types of occupancy.
  8. Finally, complete Section 8: Declaration & Consent. Read the terms carefully, sign, and date it for both applicants to confirm the accuracy and consent to share information with appropriate parties.
  9. Once you have filled out all necessary information, you can save changes, download the form, print it for your records, or share it as required.

Start your application process online by filling out the Secured Loan Application Form today.

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Are secured loans easier to get? Generally speaking, yes. Because you're usually putting your home as a guarantee for payments, the lender will see you as less of a risk, and they'll rely less on your credit history and credit score to make the judgement.

They're often easier to qualify for than unsecured personal loans because the lender has the right to keep your collateral if you're unable to make your payments. If you use money from a savings account or CD as collateral, you probably won't have access to it until you've repaid your loan.

A standard secured loan usually takes several weeks to process. The lender will require a property valuation from your mortgage provider. They'll also need proof of income and expenditure, and proof of ID. There is also a 7-day “reflection” period.

A standard secured loan usually takes several weeks to process. The lender will require a property valuation from your mortgage provider. They'll also need proof of income and expenditure, and proof of ID. There is also a 7-day “reflection” period.

Most lenders require a minimum credit score of 640 – 650. However, some borrowers may be able to qualify for a higher interest rate personal loan with a lower score. To get a better interest rate, you'll probably need a FICO® Score of 670 or higher.

Just like a mortgage, a secured loan is secured on your property – hence the name. Details of the loan are registered with the land registry which is known as “registering a charge” on your property. This means, when you sell your house, any buyer can see the loans which are secured and can make sure they are paid off.

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