The Best Egg Secured Loan offers homeowners lower rates and more affordable payments than our unsecured loans by using a fixture lien as collateral.
Key details:
- Your credit and income are used to determine eligibility.
- The loan is secured by a lien on permanent fixtures in your home (like built-in cabinets, vanities, and light fixtures)—not the home itself.
- Because of the lien, you may not be able to sell, refinance your first mortgage, or obtain new financing on your home until the loan is paid in full.
The lien will be released after:
- Your final loan payment is made.
- At least 10 days have passed since full payoff.
- We initiate the lien termination with your county.
Keep in mind, checking your rates has no impact on your credit score. Click here to get started.
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