Home Equity Loan
If you're happy with the current terms on your 1st Mortgage, but still interested in taking cash out of your equity, you may want to consider looking into a stand-alone 2nd Mortgage or a Home Equity Line of Credit.
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Fixed & Adjustable Interest Rate Options
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Terms from 1 to 30 Years
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Interest-Only Options
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Secured by the Equity in your Property
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A 2nd Mortgage gives you a lump sum of cash from your equity, and is a loan with terms similar to a 1st Mortgage.
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A Home Equity Line of Credit, commonly referred to as a HELOC, is a revolving credit line which allows you to use your equity at will. You can draw what you need, when you need it, multiple times without having to reapply. Your monthly payments are determined by the balance owed.
We make the loan process easy for you by presenting you with options and making sure you understand the difference between programs so that you can make the right choice. Whether you are an established investor or a first-time home buyer, Network Financial gives you the tools that you need so that you feel confident you are making the best decision.