Our Home Equity Line of Credit (HELOC) gives you access to the money tied up in your home if you have good equity. The process is simple: you decide how much you want to borrow and you pay it back when you can. Borrow up to 80% LTV (loan to value of your home)! With our Home Equity Line of Credit (HELOC) you will gain access to funds, allowing you to put them to use right away.
A HELOC has a unique advantage in that it can be used, repaid, and used again, while only paying interest on the portion of the funds that have been utilized. Furthermore, you can use the funds from your HELOC to set yourself free from stressful high-interest debts, and consolidate all your debt into one easy-to-pay monthly bill. We will lay out a course of action that will get you debt-free as soon as possible.
Since HELOC is offered mostly by large financial institutions like banks, you will have to qualify for it. Usually this includes a high income and good credit. If you do not qualify, we offer alternate solutions, such as a private second mortgage. Contact us today for more information about private second mortgages!