A Homeowner Loan is great if you would like to raise a giant amount ; are having issues getting an unsecured loan ; or have a subprime credit history. Many banks look more favorably on individuals who are property owners as this demonstrates a dedication to pay back an enormous sum of money over a lengthy period. Home Loans and Home Finance Products – B. SA Home Loans. O. A House purchasers can now select from a selection of mortgage plans, either with a standard rate or a variable rate thru B. O. A, which is one of America’s most respected monetary establishments, and offers a selection of investment instruments for house buyers and house owners. If IRs rise, purchasers with this sort of loan come out on top. Payments for the 1st year are sometimes lower than for a non-variable rate loan, which can permit borrowers to afford a bigger price property. Home loans and credit lines give property owners who've built up some equity in their property the chance to use it for something profitable like an education for their youngsters, home enhancements, or a new auto or ship. BOA has a fast, convenient and secure online application system. Your monthly payments will depend upon the sum borrowed and term.