We offer a “Piggyback” Home Equity Line of Credit option that allows our clients to access up to 95% of the equity in their home.
The HELOC option must close behind our new Top Flite first mortgage refinance. In most cases, we close the HELOC and refinance at the same time.
Conventional and FHA guidelines prevent homeowners from borrowing more than 80% of their home equity. Our Home Equity Line of Credit option allows our customers to access more of their equity when it is needed.
Homeowners looking to tackle a major renovation or home improvement project often look at our HELOC option. They know that once they finish the project, they will likely have additional equity in their home. Often times, we will revisit the mortgage after 6 payments and look to combine their first and second mortgage back into one new first mortgage.
We offer fixed rate Home Equity Loans and Home Equity Lines of Credit. Click “Apply Now” and one of our Cash Out Expertsd will reach out right away to go over options.