Home Equity Loans in Richmond Hill, ONBurke Financial2020-10-05T19:47:06+00:00
HOME EQUITY LOANS IN RICHMOND HILL
HOW MUCH DO YOU WANT TO BORROW?
Home Equity Loan
A home equity loan is a type of loan in which the borrower uses the equity of his or her home as collateral. The loan amount is determined by the current market value of the property, which is determined by an appraiser from the lending institution. A home equity loan can only be used to refinance existing debt (cannot purchase a home using the funds). The term for a home equity loan is shorter than the primary mortgage.
Home Equity Loans For All Situations
Regardless of your level of debt, income, or credit history, we help homeowners in all financial situations. Burke Financial allows you to access up to 90% of the equity in your home for what you need to accomplish.
Let us help find the perfect mortgage product for you. A home equity loan may very well be your best option – we’d be glad to help you figure out what’s best for you. Apply now to get in touch with one of our specialists.