These loans fall secondary to your primary mortgage. They’re used strictly to borrow against the home’s equity, or “to pull cash out of your home”. They’re a fantastic option when you have a great interest rate on your primary mortgage, or you’re close to paying it off, or if you simply don’t want the hassle of an appraisal and lengthy loan process. They typically close very quickly! Some as early as 3 days!
These loans fall secondary to your primary mortgage. They’re used strictly to borrow against the home’s equity, or “to pull cash out of your home”. They’re a fantastic option when you have a great interest rate on your primary mortgage, or you’re close to paying it off, or if you simply don’t want the hassle of an appraisal and lengthy loan process. They typically close very quickly! Some as early as 3 days!