Rates are subject to
change without notice. There are many different types of home equity line of
credit loan programs. To get a rate quote please call 888-360-3337 or complete
HELOC Rate Quote Form.
About HELOC
Compare our HELOC Rates/programs with our competitors and give us a chance
to beat the lowest rates that you find anywhere!
A home equity line for credit is an open-ended loan/mortgage that is backed by
the portion of the home’s value that the borrower owns outright.
HELOC is a type of equity loan that
works like a credit card. It has a credit limit and a revolving balance.
Leveraging the equity in your home can be a wise financial move, especially when
interest rates are low. For some homeowners, the liquidity offers new
opportunities for investing, while for others paying off high-interest
debt saves thousands of dollars in interest and on taxes. Every one’s
situation is different; please consult with your tax and financial
advisor.
Home Equity Line Of Credit (HELOC) is a flexible way to cover major purchases
or expenses and /or consolidate high interest depts. (Credit card)
into one tax-deductible low home loan. Get a HELOC from us with zero
fees. We pay all your non-recurring closing costs. The interest rate
you are offered depends on your FICO score and the loan to value ratio
(CLTV).
What
does 0 Fee Mortgages mean?
- No Points
- 0 Fees
- No Application Fee
- No Brokers Fees
- Free Appraisal
- No Closing Cost
Use of Home Equity Loans for:
Finance down payment when purchasing a new property.
Ability to
purchase a property with minimum down payment.
Cash out Refinance
Consolidate higher rate credit cards into one home loan (Mortgage).
Home improvement
Tuition and other major expenses
Auto purchase
Used for emergencies (job loss, Health bills, and other unexpected
expenses)
Our Home Equity Line of Credit Mortgage Features
100% CLTV mortgage for purchase or Refinance
HELOC available for 2 nd Home.
No prepayment Penalty option
Only $20 Annual Fee
No Fees to subordinate
HELOC Rate = Prime rate +.25%
Fixed rate Partition available
Stated income loans available
Note: Most HELOC loans are interest only and are not amortized. Balloon
payments are very common to second mortgages.
What
information do I need to apply for a mortgage loan?
Please
call us at 888-Do0-Fees (360-3337),
contact us,
or complete the HELOC Rate Request form.