Home Equity Loans / Mortgage Refinance Loans
Our home equity loan is a loan that is secured by your home. These home equity loans are closed-end loans, for a fixed amount of money that must be repaid over a fixed term.
If you currently have more than 20 years remaining on your mortgage or other debt, ask us to crunch the numbers for you. Reducing that 20-30+ year debt that you have now into a loan that you can have paid off in 20 years or less may be more affordable than you think.
We currently hold all of our home equity loans on our own books, which means your loan will not be sold off to another financial institution. Additionally, our lending staff has decades of experience and does not work on commission, so they really want to get the best loan for you, on your terms.
You may be required to pay certain fees to third parties to open a Fixed Rate or Variable Rate Home Equity Loan. These fees generally total between $510.00 and $3,000.00. We can provide you with an itemization of the fees you will have to pay to third parties, if you request them. Proof of home owner’s insurance is required. Flood Insurance may be required.