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Home Equity Loans, Second mortgages, and
Lines of Credit
There are many forms of home equity loans and lines
of credit in the mortgage industry. Two very basic forms are:
- Fixed-Rate loan
- Variable Rate/Fixed-Term loan
Variables that are contained within the loan
itself can be endless. A borrower’s interest rate depends
upon these variables:
- Loan amount
- Applicant’s Credit history
- Loan to value
- Loan terms
- Property location
To receive a quote for your own interest rate, call us toll free
at 1-888-932-0009, and we will connect you to a
lender who can assist you in all of your lending needs.
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