When you actually think about it, secured tenant loans are, in the vast majority of cases, a contradiction in terms.
The whole point of a secured loan of any kind, is that the borrower owns a property to offer as the necessary security for the loan to the lender. In most cases, this property would be the borrowers own home and as a tenant does not own their own home secured tenant loans are clearly not possible.
There could, however be the occasional exception to this rule. Secured loans may be taken on property other than a person's main residence and therefore, if a tenant were to own other property, such as a business premises, or a house as an investment property, then it may be feasible that a secured tenant loan could possibly exist, although in the circumstances described above, these would more likely to be a secured business loan or a buy to let loan.
