How loans can secure extra income for brokers – Enterprise
If there’s one rule to running a business, it’s try not to put all your eggs in one basket.
Bridging is one example, commercial mortgages are another, but the one I wanted to focus on today is secured loans, or ‘second charges’.
Secured loans have grown hugely in popularity over the past two years, with new lenders entering the marketing, rates dropping and LTVs heading north (as high as 95% for employed applicants).