How many different loan types are there? Let us count the ways. (It’s 7. There are 7 ways). Watch the complete guide to the 7 essential loan types to understand before purchasing a home! 📺 Explore our YouTube channel for more videos like this, including the complete Home School series! ➡️ https://bit.ly/4aWTEcR | loanDepot

💡 What exactly is a secured loan? Ian explains 👇 A secured loan is a way to borrow money using your property as security. It can be useful if you: 🏠 Already have a mortgage but need to borrow more 💷 Want to fund home improvements, consolidate debts, or cover big expenses 📉 Don’t want to remortgage (perhaps because your current deal is competitive) But remember - because your property is used as security, your home could be at risk if you don’t keep up repayments. Ian breaks down how secured