Loan Process Explained-A home equity loan, also known as a second mortgage, is a type of loan in which the borrower receives a large loan by deriving equity from his or her property. The loan amount is determined based on the equity of your property, which is dependent on the appraised value of your home and the current balance on your mortgage.
We specialize in finding you the best rates available provided your distinct needs. We do this because many homeowners aren’t aware that banks only offer a limited variety of rates — and provided everyone’s unique financial situations, we work to connect you with your specific home equity loan needs.
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