Home Equity Fixed Rate Loan

Unlock the Cash in Your Home

Get Ahead Using Your Home's Equity

More and more, smart consumers like you are borrowing against their home's equity as a way to:

• Invest to accumulate wealth (view our FREE REPORT “Your Mortgage Can Make You a Millionaire”
• Consolidate debt
• Pay for home improvements
• Purchase automobiles
• Pay for education costs
• Pay for major purchases

Home Equity Line of Credit vs. Home Equity Loan?

Both a home equity line of credit and a home equity loan are secured by the equity in your home. A home equity line of credit works like any other revolving line of credit, and is very similar to a credit card but at substantially lower rates. It's flexible which allows a homeowner to write checks or make credit card purchases and withdrawals against the equity in your home on an ongoing basis. A home equity loan is a lump sum loan, set at a fixed interest rate for a fixed term. A home equity loan will generally be at a higher interest rate than a home equity line of credit.

Unlike a home equity line, with a home equity loan you pay a fixed interest rate for fixed period of time.

See if an HomeEquity Loan is right for you!