Sentences with phrase «borrow against the equity in your home with»

HECMs are reverse mortgages that allow qualified individuals to borrow against the equity in their homes with a promise to repay the loan when the home is sold.

A Home Equity Line of Credit from Heartland Bank allows you to borrow against the equity in your home with the flexibility and ease of using your approved funds up to the limit, making payments against the balance, then using the available funds again as needed.

This is a type of loan that allows you to borrow against the equity in your home with some protection against the loss of your house.

Not exact matches

A Home EquityLine of Credit from First Citizens allows you to borrow against the equity you have built in your home providing you with fast and convenient access to funds whenever you needHome EquityLine of Credit from First Citizens allows you to borrow against the equity you have built in your home providing you with fast and convenient access to funds whenever you needhome providing you with fast and convenient access to funds whenever you need it.

It is possible in some cases to pull cash out of the equity in your home by borrowing against your equity with a «Cash - Out Refinance.»

You have the option to refinance your home through the same or a different lender, in order to replace your current mortgage with a new one that offers lower interest rates, or to borrow cash against your home's equity.

Whether you are looking for a consumer loan or to borrow against the equity in your home, Citizens Bank can tailor a loan with your budget in mind.

Footnote 2 How a HELOC works With a HELOC, you're borrowing against the available equity in your home and the house is used as collateral for the line of credit.

A home equity installment loan is a one - time loan that is secured by your home and provides you with the ability to borrow a fixed dollar amount against the available equity you have in your home.

Borrowing against it is just as important because a HELOC is a mortgage with similar implications; and in some cases, depending on the fine print, a home equity line of credit can affect your credit rating, your ability to borrow for other needs, and even your ability to use your credit card going forward,» said Leclair.

With a home equity loan or home equity line of credit, the borrower puts up the equity in his home as collateral — essentially, this means borrowing against the amount your home is worth minus your current mortgage balance.