A HELOC is perfect when you don’t know exactly how much you’ll need because you’re not borrowing and paying interest on more money than you actually use.
During that time, you “charge” only what you actually use—perfect for long-term projects like a long remodel where you need to use a little bit of money at a time and you’re not sure what the total will be.
Home equity loans typically offer very low interest rates.
A home equity loan, often called a second mortgage, is a straightforward, lump-sum loan.
You apply for a certain amount of money, you get it all at once, and you pay it back over time.
We have met the highest quality standards and are committed to helping you get your finances back on track through counseling and education.
Many of us have been where you are today, and understand the emotional burden that debt can place on a person.We can provide you with a free consultation to help determine the right mortgage for you.College graduates with student debt soon will have a new option: the ability to roll those student loans into their home mortgage. Turning student debt into mortgage debt could cut the interest rate and payments required of some debtors.Please contact us so that together, we can find a better way out of debt. We're so confident that we can help you achieve your goal of becoming debt-free in a reasonable time, that we back it up with a 6-month 100% money back guarantee on the services, support, and benefits you receive.Sometimes savings aren’t enough and you need extra cash to cover major expenses.Fannie Mae, which works with virtually every lender in the country, has created a new standard that will allow borrowers with sufficient home equity to fold their student loan balances into their home mortgages. However, it also strips away some of the protections that come with federally guaranteed student loans.