Home Equity Line of Credit: the Facts

Shopping for a Home Equity Line of Credit? We can assist you! Give us a call at 4104614043. Ready to begin? Apply Here.

If you need to borrow money to consolidate funds or make a big-ticket purchase, a home equity line of credit (HELOC) can help. Using your home equity as collateral, a HELOC is revolving credit. This is an open-ended of loan that can be paid down or charged up for the a set length of time, much like a credit card. The loan interest rate generally changes monthly

In a HELOC, your lending institution approves you for a specific credit amount - the largest amount you can borrow at any given time. Your credit status, salary, debt and other financial information can determine your credit limit. In order to ascertain your home' current market value, you are going to need an appraisal on your home. Your property's up-to-date value, subtracted from your remaining mortgage balance helps to determine your particular credit limit.

Integrated Financial Solutions, LLC can walk you through the process of getting a Home Equity Line. Give us a call at 4104614043.

Basic Pre-Approval

Get the Best Mortgage Rate! Tell us a little about your current needs and we can use that information to match you with just the right loan.

Tell us about your loan needs.
How can we get in touch with you?
Tell us about your credit history.
By checking the box, you agree that Integrated Financial Solutions, LLC may call/text you about your inquiry, which may involve use of automated means and prerecorded/artificial voices.. Message/data rates may apply.

Integrated Financial Solutions, LLC

11110 Dovedale Ct 28A
Marriottsville, MD - Maryland 21104