HELOC

While similar to a second mortgage or Home Equity Loan, a Home Equity Line of Credit (HELOC) is different.

If you need to borrow money, home equity lines may be one useful source of credit. Initially at least, they may provide you with large amounts of cash at relatively low interest rates and they may provide you with certain tax advantages unavailable with other kinds of loans. (Check with your tax advisor for details.)

At the same time, home equity lines of credit require you to use your home as collateral for the loan. This may put your home at risk if you are late or cannot make your monthly payments. If you sell your home, most plans require you to pay off your credit line at that time.

Contact us today for more information and to see if a Home Equity LIne of Credit is right for you.

Mortgage Website Design and Tools - Demo Site Although the Loan Site Plus is easy and pretty much self-explanatory, we know there are some of you that like to "test-ride" before making that buying decision. Give us a call toll free at 877.201.3060 and we'll have a representative walk you through an actual demo account on the phone. Use the contact form below to if you would like us to contact you. We'll be happy to discuss our site packages in detail with you. First Name: Last Name: Email: Phone: Comments: