Home Equity Loans
Home Equity Loans (also known as second mortgages) are secured by the equity that you have in your property. Your first (original) mortgage probably has a term of 25 years, while Windsor Home Equity Loans usually have a term of 5 to 15 years.
There are many reasons to consider a home equity loan, but some of the more common are debt consolidation, home improvements, and paying for school tuition.
In many cases, home equity loan products can offer you a lower interest rate as compared to other types of loans on the market. I offer both home equity loans and secured lines of credit to meet your equity needs:
Home Equity Loan / LOC Programs
Reasons To Consider A Home Equity Loan or HELOC
This is an excellent time for you to jump on the low rate bandwagon. If there’s even a possibility that you could experience a layoff, you may want to consider getting your finances in order through a Windsor Home Equity Loan or HELOC. Consolidate High Interest Debt
Avoid the negative financial bounce that high interest credit cards can cause. The added interest expense could begin to play havoc on your monthly budget. A lower interest Home Equity Loan or HELOC can help pay down – or off – a pocketful of credit cards and improve your monthly cash flow. University or College Expenses
If your job disappears, how well positioned are you to quickly land on your feet and find a new job? Taking a class – or even earning a degree – can help offset the sting that a layoff could bring, especially if you’re able to secure a better-paying job. A Home Equity Loan or HELOC can put the cash you’ll need to pursue a new career into your hands. Home Improvements
What kind of shape is your home in? More and more homeowners are opting to renovate their existing home instead of purchasing another. Whether you need new siding, an extra bedroom, or even a new heating system, a Windsor equity mortgage or HELOC can be a sensible alternative to going home shopping in the middle of winter. Unexpected Medical Expenses
Life is as unpredictable as the economy, and sometimes unforeseen medical needs crop up – from emergency care to specialized treatments. If your insurance has limitations that can put you at financial risk, equity Loans or HELOC loan may offer a quick solution.
Here Are A Few More Advantages To Consider:
No Broker / Hidden Fees
Rarely should there be fees for the services of a Mortgage broker. We are paid directly by the lender. And unlike some other Windsor Mortgage Brokers, you won't find a fee secretly buried in your interest rate either, my service is truly fee free!
Surprisingly Low Interest Rates
Through OMAC, over ONE BILLION in refinances, home equity loans & mortgages have now been processed. Why is this important? Because this large number ensures I get access to the lowest interest rates on the market! Think of it as buying in bulk - the more we buy, the more you save.
More Options
Did you know that many banks are limited to just a few lending products? As an 'independent' agent, I represent you and work FOR YOU! With 47 different lending partners and just over 400 lending products, you bet I can help you find a lending option that fits your needs perfectly.
In Half The Time
According to past clients, we get things done in half the time! We're not just a 9 to 5 company. I work tirelessly to make sure you get the best possible mortgage solution in as short a time as possible! Even if it means working through the night to get your time sensitive deal closed. That is my commitment to you!
![[image]](http://mowser.com/img?url=http%3A%2F%2Fexpertwindsormortgagebrokers.ca%2Fwp-content%2Fthemes%2Fwpremix2%2Fimages%2Ffree_consult_03.jpg)
