List Of Are Home Equity Loans Secured Or Unsecured References. During the application process you and your lender will agree on a loan. A home equity loan is a type of secured loan in which the borrower’s home is used as collateral, whereas personal loans can be secured or unsecured by collateral.

Unsecured loans allow for faster approvals since collateral is. Get cash for debt consolidation, renovation & more. Local credit unions and national lending institutions also offer solar.