Home Equity Loan
HELOAN
This loan is a type of second mortgage that involves drawing a lump sum of money from the equity of your home. Its disbursed to you in a lump sum only. You can borrower funds to purchase another home, do home improvements, refinance debt, etc. Once you close on this loan, you'll pay it back in regular installments over a set Term. Terms available up to 30 yrs.
Benefits:
- Interest Rates on this product are set at Fixed Rate for the life of the loan, so you can rest easy that your interest rate will never change.
- Lower Rates relative to other types of loans, especially unsecured loans.
- Long repayment timelines, this coupled with lower rates make payment more affordable.
- Potential tax benefits if the funds are used for home improvements. Consult your tax advisor to see if your interest paid is tax deductible.
Contact us for more information.
About Us
Castle Rock Mortgage LLC brings decades of residential and commercial mortgage lending experience to a host of today’s most convenient financial technologies.
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Castle Rock Mortgage LLC
1984 E Sarona Ct
San Tan Valley, AZ 85143
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Castle Rock Mortgage LLC | NMLS ID 1935205 | NMLS Consumer Access |
Privacy Notice | Equal Housing Opportunity | This is not a commitment to lend. All loans are subject to credit approval. | Castle Rock Mortgage LLC is a Mortgage Broker and is not the FHA, which is a government agency, nor working on behalf of the FHA or any government agencies.
