Yes, a debt secured on your home is a very serious consideration. This type of debt typically comes with higher interest rates and may require collateral in order to secure the loan. If you cannot make the payments or default on the loan, it could result in your property being repossessed by your lender. Therefore, it is important to ensure that you understand all the terms and conditions of such a loan before making any decisions. Additionally, seeking professional advice from an independent financial advisor can help you weigh the risks associated with taking out a secured loan against other available options.