A home equity loan is a form of consumer debt that allows you to borrow money against your home’s equity. The loan payments are added on top of your mortgage balance, which is why a home equity loan is often called a “second mortgage.” A home equity loan allows you to access money that would otherwise remain tied up in your property and unavailable for use. Your equity is the portion of the property that you’ve paid off.
Although a home equity loan can help you free up funds that would otherwise be unavailable, you shouldn’t think of your equity as just another source of funds. When determining if a home equity loan is right for you, you may want to consider the following.
Spend less time worrying about business financing
Spend less time worrying about business financing and more time taking on what's next.
Spend less time worrying about business financing
Spend less time worrying about business financing and more time taking on what's next.
Restaurants
Hotels
Gas Stations
Liquor Stores
Accountants
Lawyers
Insurance Agencies
Real Estate Agents
Franchise
Pharmacy
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