1 / 7

Features and Benefits of Home Equity Loans in Vancouver

Home equity loans allow you to borrow money against your home’s value which can be used for any purpose and comes with relatively low interest rates. Visit http://mortgagebrokerbc.com/ for more information.

MacMortgage
Download Presentation

Features and Benefits of Home Equity Loans in Vancouver

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. www.mortgagebrokerbc.com What You Ought to Know about Home Equity Loans

  2. “There is nothing like staying at home for real comfort.” - Jane Austen www.mortgagebrokerbc.com

  3. Home equity loans or second mortgage which allows homeowners to borrow money by leveraging the equity in their homes. As many homeowners now owe more on their houses than the houses are worth, these home equity borrowing standards are tightening. www.mortgagebrokerbc.com

  4. There are two types of home equity loans. • Fixed rate loans • Home Equity lines of credit Both options are available with terms that generally range from five to 15 years. www.mortgagebrokerbc.com

  5. FIXED RATE LOANS This type of loan provides a single, lump payment with an agreed-upon interest rate. The payment and interest rates remain the same throughout. HOME-EQUITY LINES OF CREDIT This is a variable-rate loan which accepts variable monthly rates depending on the amount of money borrowed and the current interest rate. www.mortgagebrokerbc.com

  6. BENEFITS • Easy source of cash • Interest rate is lower than credit card • Tax deduction www.mortgagebrokerbc.com

  7. Looking to get a home equity loan in Vancouver? Visit www.mortgagebrokerbc.cofor more information. Phone: (604) 676-3583 E-mail: mortgageapprovalcorpvancouver@gmail.com www.mortgagebrokerbc.com

More Related