Home Equity Loans
Home Equity Loans*
Did you know you can harness the value of your home to help you achieve your financial goals? With a home equity loan from PrimeLending, you can turn your home equity into cash. You can use that cash however you choose – like paying for education expenses, home upgrades, debt consolidation and more!
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What’s a home equity loan?
A home equity loan is one way to tap into a portion of your home's value without having to sell it. By taking out a home equity loan, you can borrow money using your home equity (the value of your home minus what you still owe on your mortgage) as collateral. You may be surprised how much home equity you’ve banked between paying down your principal and your home’s value increasing. Just like on a traditional mortgage, borrowers repay the loan in monthly installments.
How can I use the cash from a home equity loan?
You'll receive the cash as a lump sum upfront to use however you please, such as:
- Pay for educational expenses
- Finance home renovation projects
- Consolidate high-interest debt
- Cover unexpected expenses
- Splurge on a bucket list item
Plus, the rate on your current mortgage won’t change.
Wondering how much you could qualify** for with a home equity loan? Give me a call and I can run the numbers and walk you through the process.
Why PrimeLending?
PrimeLending is a people-first company driven by the belief that getting a mortgage should be an exciting and positive experience. That’s why we focus on making home financing as simple as possible.
putting people first
Since 1986, PrimeLending has kept our focus on people, their homes, and their financial well-being now and in the future.
Service Beyond Expectations
You need a lender you can trust; that’s why we offer more home loan programs to help you find the right fit.
Expertise and Support
We'll be by your side through the entire mortgage process to ensure your experience is as seamless as possible.