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Consolidate your credit cards, auto loans, home equity loan, and personal loans
into one easy low payment. Lower Monthly Payments High Loan Amounts-up to $200,000
Tax Savings- consult your tax advisor to see how much you could save Present
Situation You Presently have a lot of equity in your home and your mortgage
interest rate is near or higher than today's cashout refinance rates Recommendation
A cash out refinance will allow you to finance the loan at a lower interest
rate than a home equity loan. A cash out refinance will pay off your current first
mortgage and provide you with additional money to use at your discretion such
as paying off existing loans. The amount of your current mortgage plus the additional
amount you would like to take should not exceed 80% of your home's value. Consolidate
your high-rate debt or refinance your home with a fixed rate first mortgage. Present
Situation You presently have a lot of equity in your home and your mortgage
interest rate is much lower than today's rate Recommendation
A home equity loan quote from MyLoanQuote.com
is your best bet. Home equity loans generally have a higher interest rate than
a cash out refinance, but you will only be paying the higher interest rate on
the new loan amount, since you will keep your first mortgage with the lower interest
rate. Take advantage of Guaranteed fixed rate and monthly payment, with loan amounts
up to 100% of the value of your home, after subtracting your first mortgage balance
Present Situation You presently
do not have a lot of equity in your home. (Maybe No Equity) Recommendation
A 125 % home equity loan quote from MyLoanQuote.com
is your best bet. A home equity loan allows you to borrow up to 125% of your home's
value. We offer Guaranteed fixed rate and monthly payment, with loan amounts up
to 125% of your home's current value, after subtracting your first mortgage balance.
You may borrow up to 125% of the value of your home, after subtracting your first
mortgage. Most banks limit you to 80% to 90% of your home's value. Loan amounts
range from $20,000 to $75,000 or more. |