Is a HELOC suitable for you?
It is hard to navigate the world of mortgages, especially when there can be multiple different layered mortgages on your property. Knowing the right times to use a Home Equity Line of Credit (HELOC) can be difficult but reap intense rewards. Optimizing your home’s value is risky, but not with us.

Call one of our experts at (855)-517-3388 to see if opening a HELOC is right for you.

What makes up a HELOC?
A home equity line of credit is a second level of mortgage on your home. It enables you to open a line of credit by holding your home on the line as collateral. It is considered “open-ended” credit, similar to your basic credit card.


Advantages of a HELOC

Ability to borrow substantial amount of money
Borrowed funds can be used for any purpose the borrower chooses
Replace old debts with new HELOC debt at lower interest rates by using funds to pay old debt