05 Oct 2025 | 5 Mins Read
Protect Your Home from Secured Loan Risks with Smart Strategies
Flipitmoney
Home loan collateral involves risking your property for a loan, allowing for larger amounts at better interest rates, but also exposing it to seizure if you default. To protect your property, assess your repayment ability, choose suitable loan terms, secure with insurance, stay disciplined, and consider the consequences of non-repayment, including foreclosure and sale of your house.