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Home Equity Loans

Home Equity Loans

Having Trouble Making Your Payments? Try an Equity Based Mortgage

We understand that life moves fast and sometimes homeowners get into financial trouble. If changes in your income have made it difficult for you to keep up on your payments or if you have had sudden, unexpected expenses that have set you back financially, a home equity loan may be just what you need.

What is a Home Equity Loan?

Equity is the amount of value you own in your home. If your home is worth $425,000 and you owe $300,000 on your mortgage, you have equity of $125,000. An equity based mortgage allows you to borrow against that equity.

You can use an equity based mortgage to pay for a variety of different things including repairs, renovations, paying off debts, or catching up on your mortgage payments.

Sometimes equity based mortgage are also known as balloon mortgages because they may come with a balloon payment requirement several years down the road. This gives you access to cash now and allows you time to get back on your feet financially.

What If the Banks Told Me No?

We can often help homeowners even when the banks have turned them down. Even if you have bad credit we can still help you if you have equity in your home.

Our mission is to help homeowners like you take back control of their financial situations. If you income-level is not adequate to make your payments, you need to take action fast to avoid possibly losing your home.

Call us today to see how we can help you with a home equity loan!