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GET A FREE LOAN!
CENTURION MORTGAGE OFFERS FREE LINES OF CREDIT!
Home Equity Line of Credit - HELOC
NOTE: Due to market conditions, this product is not being offered at this time.
If you need to borrow money to pay off debts or make a major purchase, a home equity line of credit (HELOC) can be useful. A HELOC is a form of revolving credit secured by the equity in your home. This is an open ended loan that can be paid down or charged up for the term of the loan, much like a credit card. The interest rate fluctuates (typically monthly), and you can use the funds to pay off debt, do home improvements, pay for college: anything you want.
With a HELOC, you will be approved for a specific amount of credit: the maximum amount you may borrow at any one time under the plan. In determining your credit limit, your income, debts, credit history and other financial obligations will be reviewed. An appraisal will be required on your home to determine the home's market value. Your credit limit will be based on a percentage of your home's appraised value, which is then subtracted from the balance owed on your existing mortgage.
GET A HELOC FROM CENTURION AND PAY NO CLOSING COSTS!
At Centurion Mortgage, we provide Home Equity Lines at no cost. There are no loan add ons, no appraisal fees, nothing. Just apply, get your equity line, and you are on your way.
Give us a call, we offer very competitive HELOC rates, and you get your loan for free. It's as simple as that.
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