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HOME EQUITY LINE - DEBT CONSOLIDATION
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Home values have skyrocketed!
You can use your home equity for many purposes and even putting more many in your pocket!
Pay off credit cards
Home Improvements
Pay off debts!
Pay Taxes
Tax Advantage
Cash out
Apply online below. No Obligation!
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1. What is a home equity loan?
A home equity loan is a form of credit in which your home serves as collateral. A home equity loan has a fixed interest rate and term, therefore your payments stay the same.
2. What is a home equity line of credit?
A home equity line of credit is a form of revolving credit in which your home serves as collateral. Home equity lines of credit feature a variable interest rate with a draw period of ten years and a total repayment period of 30 years.
3. Is the interest tax deductible?
In most cases the interest on a home equity loan or line of credit of up to $100,000, and a maximum loan-to-value ratio of 100%, is tax deductible. Consult your tax advisor about your specific situation. IRS Publication #936 "Home Mortgage Interest Deduction" has more information.
4. How much can I borrow?
Your credit limit (also known as available equity) is determined by taking a percentage
(for example 80%, 90% or 100%) of your home's appraised or fair market value, and subtracting
the balances of any outstanding mortgages on the property.
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Home mortgages subject to credit review and approval