Home equity loan

Do you need to tap into your homes equity to pay for a home remodeling project or to pay off a credit card? A home equity loan is a fixed or adjustable rate loan that is secured by the equity in your home. With a home equity loan, you borrow a lump sum of money to be paid back monthly over a set time frame, much like your first mortgage. The terms home equity loan and second mortgage are often used interchangeably.
 

The process for a home equity loan is much less involved than refinancing or buying a home, and much LESS expensive.  We offer Home Equity Loans or Lines for only $595, which can be taken out of proceeds making it so there are no out of pocket expense to the borrower.  The lender will actually pay ALL of your closing costs and pay for the appraisal.  It usually takes no more than 2 weeks to complete and income documentation in most cases is not needed. 

It is a very simple process and there is very little documentation of any kind is needed.