|
|
|
|
|
|
If you’re looking for a flexible loan, now’s the perfect time to call Champion Mortgage for a home equity line of credit (HELOC). Whenever you make a mortgage payment or your home increases in value, you increase your share of ownership or "equity" in your home. How is home equity determined? The amount of your home equity is the difference between the property's current market value and the balance on your mortgage. A home equity line of credit, or HELOC, is a revolving credit account based on the equity you’ve built up in your home. A home equity line of credit works like a checking account. Once the amount of the home equity line of credit loan is determined, you can borrow what you need whenever you need it, just by writing a check. Use the money for whatever you choose – whether you want to consolidate high-interest debt, cover unexpected expenses or have it in reserve for a rainy day. And you only have to pay against what you borrow. Best of all, with a home equity line of credit you only pay interest on the money you've used - and the interest on a home equity line of credit could be 100% tax deductible. Talk to your tax advisor for details. At Champion Mortgage, our loan specialists are trained to listen
to your needs and carefully assess your financial situation. Only then
will we recommend a customized solution that makes sense for you. Ready
to get started? Call 1-800-CHAMPION or
click here for a free, no obligation consultation with one of our Loan Specialists.
|
|
|
||||||||||||||||||||||||||||
|
|
|
|
|
|
||||
|
||||
 |
|
|
||
