Awareness drive of secured loans launched by TFC

6 November 2006

TFC Homeloans has launched an awareness initiative to show brokers the benefits of secured loans for their customers as opposed to remortgaging.

In some cases redemption penalties for remortgaging can negative the positive benefits, and if a client has fallen into arrears they may have to remortgage at a much higher rate.

TFC is also citing faster turnaround times on secured loans as another option to opt for them over remortgages.

Reference: http://www.mortgagesolutions-online.com/