There are lenders in the market place that will lend you money secured by your home, even if you have poor credit, but still have a job and can make the payments. But is it something you think is wise? Ask yourself, why I should borrow more than my home is worth? Maybe you have a good reason. However, make sure that the reason makes sense and that you will be able to pay for this type of credit.

Remember, only the first 100% of 125 secured loans are secured up to the value of your home. The other 25% is unsecured or a lender may ask for additional collateral to protect their interest. These loans are extremely costly as well. If you feel that you really need to borrow this money, there are lenders that will lend. You just need to seek them out as they are there. However, make sure that you can make the payments, as in the fine print if you miss one payment you are doomed.

Your home is probably the biggest investment you make in your life. And if you are like the majority of us, you want to make sure you are safe and always have a roof over your head. A lot of people use real estate as a means of protection for retirement. If you sell, at a profit, you will have money to use to move elsewhere where maybe there are no severe winters, or you are close to family.

Real estate has always been known to be a good investment whereby you build equity which can be money. History has always shown that values of real property tend to increase over time. This is a period where the values are low. If you can use that to your advantage and borrow more than your home is currently worth and you know that within time you will be able to refinance on an increased value, then you might be all right.

Just think seriously before applying for a 125% secured loan, because you will be entering into a loan that is more than your home is worth. And never borrow more than you can repay, especially when it comes to your home.