Access Your Home Equity Without Changing Your Mortgage Rate
Introducing Equity Access*
If you’re like most homeowners today, your primary mortgage rate is likely below the 4% range. Which means refinancing to pull cash from your equity may not make sense right now. So, what can you do instead?
With our Closed-End Second Mortgage program, you can borrow $35,000 to $500,000 from your equity in a lump sum, and your primary mortgage rate won't change. Unlike a home equity line of credit (HELOC), which typically has an adjustable rate that can fluctuate, Closed-End Second Mortgage has a fixed rate that won't be affected by future rate increases.
Equity Access Highlights
- Use the funds to pay off credit card debt, renovate your home, buy an investment property, and so much more.
- Get the entire loan amount up front (versus taking out funds during draw periods on a HELOC).
- Secure a lower interest rate compared to a credit card or an unsecured loan.
- Choose from flexible, fixed-rate terms (10 to 30 years) for a repayment plan that fits your budget.
Contact us for a quick complimentary consultation. We’d love to hear about your long-term goals and help you create a strategy to achieve them!
*Equity Access is a closed-end second mortgage program that requires the borrower to pledge their home as collateral. Additional requirements, restrictions, and underwriting conditions apply.