Home ]Mortgages ][ Home Equity ]Credit Cards ]Auto Loans ]Sell a home ]Buy a home ]

Home Equity Loans & Resource

Frequently Asked Questions

  • What is the difference between home equity loan and a home equity line of credit (HELOC)?

A home equity loan provides you a lump sum, similar to your first mortgage. You make payments on this lump sum as soon as you use it. A home equity line of credit provides a revolving line of credit, similar to a credit card. You make payments based on the amount you have used.

  • What are the advantages of a home equity?

Typically, home equity loans and lines of credit provide low interest rates and the interest payments are tax deductible. 

 

Home Equity Resources

Check your credit report:

Free credit report and more!

Equifax Credit Report

Get your FREE 3 bureau credit report

Home equity loan applications:

Lending Tree

LoanWeb:

LoanWeb.com

 
Send e mail to [email protected] with questions or comments about this web site.
Copyright 2017 FinancialResource.Org