Secured Loans
A secured loan is a type of loan that is backed by collateral, which is a property or asset that the borrower pledges as security for the loan. If the borrower defaults on the loan, the lender has the right to seize the collateral to recover the unpaid balance. Continue Reading Below
Industry Studies
Encyclopedia Articles
Discover the definition of financial terms related to secured loans.
What is a Home Equity Investment Agreement (HEA/HEI)?
Andrew Latham
What Is Collateral? How It Works in Loans and Why It Matters
Andrew Latham
Down Payment: What It Is, How Much You Need, and How to Save for One
Andrew Latham
What Is Home Equity? How It Builds and How to Access It
Andrew Latham
GAP Insurance: What It Covers & When You Need It
Andrew Latham
What Is an Auto Loan? Definition, Rates, and How Car Loans Work
Andrew Latham
What Is a Subordinate Mortgage?
David Hodges
What is a Good APR For a Car Loan?
Erin Gobler
What Is a Piggyback Loan (80/10/10 Mortgage) and How Does It Work?
Andrew Latham
The Complete Guide to HELOCs: Everything You Need to Know About Home Equity Lines of Credit
Jessica Walrack
Learn About Secured Loans
Average Auto Loan Rates by Credit Score: What Borrowers Really Pay
Andrew Latham
What Happens When an HEI/HEA Term Ends?
Andrew Latham
How Do HEI/HEA Agreements Work?
Andrew Latham
Home Equity Investment vs HELOC: Which Is Better for Accessing Your Equity?
Andrew Latham
Pros and Cons of a Home Equity Investment
Andrew Latham
Free Financial Calculators: Mortgage, Retirement & Home Equity
Andrew Latham
What Are Mortgage Points? (Discount Points Explained for Homebuyers)
Andrew Latham
The Full Cost of Buying a Home: Hidden Fees Buyers Often Miss
Andrew Latham
Why Mortgage Loans Get Delayed and How to Avoid It
Andrew Latham
Mortgage Underwriting Explained: What Lenders Check Before Approving Your Home Loan
Andrew Latham
The Math Mistake That Makes Home Equity Investments Look Twice as Expensive
Andrew Latham
How Income Affects Mortgage Approval: What Lenders Look For
Andrew Latham
Mortgage Pre-Approval vs Pre-Qualification: What’s the Difference (and Which Do You Need?)
Andrew Latham
How Much House Can I Afford? Smart Rules for First-Time Homebuyers
Julie Bawden-Davis
Rocket Mortgage vs United Wholesale Mortgage (UWM): Which Lender Is Right for You?
Andrew Latham
Rocket Mortgage vs Veterans United: Which Mortgage Lender Is Best for Veterans?
Andrew Latham