When searching for the home owner debt consolidation loans, you need to take your time so you find the right lender for your specific needs. Searching for debt consolidation loans can take time and patience if you are looking for low interest rates and flexible loan terms. Start by going online because going online will lead you to numerous lenders willing to lend you funds for people who need home owner debt consolidation loans.To start your search online, open your web browser and type what kind of loan you are looking for and search from there. Several results will be listed as well as some lenders that are equipped with a special search tool that allows you to search many lenders by filling out one application and receiving several quotes from other lenders. Quite often your local bank may offer you a lower interest rate depending if you have good credit or have had a successful loan with them in the past. So try your local bank as well other local financing companies.Secured LoansWhen applying for home owner debt consolidation loans, it is important you understand how the security works with home owner debt consolidation loans. Equity is calculated by using a calculation between how much your homes worth and how much you have left to pay on it. Some lenders will offer you an interest rate solely on the amount of equity you have in your home verse the amount of money you are requesting to borrow. This is because, by using your home equity as collateral, you are securing the loan to this equity. By securing the equity to your loan, if you default, the lender has the ability to sell your collateral for full remaining payment on the balance you owe. The great things about home loans are they can be made for up to one hundred and twenty five percent of you total equity and can have payment plans that can range from five to thirty years. This can make payments much lower and spread over a longer period of time.ApplyingWhen you find several home owner debt consolidation loans, be sure to contact each lender and request a quote. You will need this quote to compare each quote with one another. When you have compared each quote side by side, make sure you find the one that best suits your specific needs. You will then want to make an appointment to visit the lender you chose personally. Each lender will have a different way to complete your final paperwork. Some may use mail or fax while others may have an attorney, bank or other type of agency to help with the final paperwork. Make sure to have your quote with you on this visit or during your phone call. This will protect you from interest rates or repayment plans changing. Be sure to pay close attention to extra fees, including the application or loan processing fee, origination or underwriting fee, or any other fees that might be included with each lending offer.