Secured Loan + Homeowner Discount

Simplify your path to a lower APR

Unlike home equity loans, this loan is secured with items in your home like light fixtures, built-in cabinets, and vanities. It’s this unique difference that empowers you to get the money you’re searching for without offering your home as collateral. In other words, your home stays yours.

Make progress on your financial journey with access up to $50,000

Save money over time with an average APR discount of 20%

Check your rate without impacting your credit score

Get funding in as little as 24 hours with no additional paperwork

What to think about when considering a Secured Loan + Homeowner Discount


You have high interest debts that you want to consolidate into a more affordable rate


You could use extra cash to make home improvements or repairs


You’re looking for a personal home loan that provides a low rate, but doesn’t use your home as collateral


You’re interested in a loan term that ranges from 5-7 years


Learn more about Personal Loans


Both our unsecured personal loans and secured loans are offered based on your personal credit history, but a secured loan requires collateral consisting of fixtures attached to your home.


A fixture is any object physically and permanently attached or fastened to your property. This includes items that are bolted, screwed, nailed, glued, or cemented onto the walls, floors, ceilings, or any other part of your home.


Every state has its own definition of fixtures, but some examples are:


  • Built-in cabinets and shelving
  • Bathroom vanities
  • Light fixtures

Both types of loans place a lien on all or part of your home, which means that you may have to repay your loan in full if you sell, refinance, or obtain new financing on your home. A home equity loan uses your entire property (including the fixtures) as collateral, while Best Egg’s secured loan is only secured by the fixtures in your home. Traditional home equity loans may take several weeks and involve multiple in-person appointments, but with a secured loan, you can file all the paperwork online and receive your money in as little as a few days.

Collateral is an asset that a borrower pledges to secure a loan. Our secured loan uses fixtures as collateral to support your repayment of the loan. The collateral does not include personal items, household goods, or appliances that are not permanently attached to your home.

Your home may be more difficult to sell if the fixtures within it are secured by a lien, and potential purchasers may require that the lien be removed at or before closing the sale.


In addition, we’ll be unable to release the lien on your fixtures until your loan is repaid in full. If you sell your home and its fixtures before fully repaying your loan, it may be declared in default. This means that we would have the right to repossess the fixtures from the new owner.


Your loan would also become immediately due and payable, and any non-payment (or any payments less than the remaining balance) will be reported and appear on your consumer credit reports.

Ready to get started?