home equity loan refinancing

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Mortgage Terms

Foreclosure: A proceeding to extinguish all rights, title, and interest, of the owner(s) of property in order to sell the property to satisfy a lien against it.

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Variable Rate: Interest rate that changes periodically in relation to an index.

Fixed-Rate Mortgage: A mortgage with payments that remain the same throughout the life of the loan.

Equity: The difference between the market value of a property and the homeowner's outstanding mortgage balance plus all other liens on the property.

Loan to Value Ratio: The relationship between the amount of a mortgage loan and the appraised value of the security, expressed as a percentage of the appraised value.

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News

What To Do When Shopping For A Home Equity Loan
If you decide that the timing is right for a home equity loan

Home Equity Products And How To Borrow Safely
As home values rise in many markets Americans are increasingly tapping the equity in their houses to borrow money using either a home equity loan or a line of credit

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Testimonials:

“My credit card companies were charging me over 23.99% in interest and my payments were killing me. Home Equity Loan Refinancing allowed me to payoff all of my debt and save over $337 per month. It took less than 10-minutes on the phone and no appraisal was even necessary. I highly recommend Home Equity Loan Refinancing.

Martin Stanton, Burlington, MA

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