What is a Home Equity Loan?
Home equity loans are a lot like personal loans. The amount you can borrow is essentially the difference between what your home is worth and how much you still owe on your mortgage.
- If your home is valued at $250,000 and you still owe $100,000 on your mortgage, you have $150,000 in home equity.
- Make your equity work for you! Home equity loans are a great way to pay for college, consolidate bills, make home improvements or take your dream vacation.
Should You Choose a Home Equity Loan?
Does a home equity loan make sense for your financial situation? Talk to one of our Mortgage Lending professionals and make sure you’re getting the mortgage product that best fits you and your goals. That’s what we’re here for!
800-272-6003 ext. 1474
*We’re able to provide Mortgage Lending Services in the following states: OH, WV, SC, NC, FL, TX and PA.
Main Phone: (800) 272-6003
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