Home Equity Take-Out Loans - London, Brantford, St. Thomas
Trusted London, St. Thomas, Brantford, Woodstock & Guelph Mortgage Broker
Have some bills piling up? Possibly need some money to pay things off? Are you a homeowner living in the London, St. Thomas, Brantford, Woodstock or Guelph areas? We can help!
The amount of ownership built in a home that signifies the current market value of the house subtracted by the remaining mortgage payments. The value of your home is constructed over time as you pay off the mortgage as the market value of the property only increases!
Benefits of a Home Equity Loan and Take-Out
- Lower interest rate compared to credit cards
- A fixed interest rate
- May offer the flexibility of interest-only payments
- Interest paid is tax-deductible
What Can I Use a Home Equity Loan For?
- Home renovations
- Emergency expenses
- Combining bill payments
- Go back to school
- Retirement income
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