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Home Equity Line of Credit (HELOC)If you’ve been looking for an affordable way to increase your cash flow each month, look no further. we now offer a sensible way to take advantage of your home’s appreciation, the No Bull Financial Home Equity Line of Credit. Lower your payments, improve your cash flow, and save more on taxes; it’s the smart way to get ahead. You can use the proceeds from your Home Equity Line of Credit for just about anything you want – the choice is yours. A Home Equity Line is a revolving line of credit. Think of it as a credit card secured by your home. Like a credit card, you can pay it off at any time and you will not have a payment. You can use your line again and again, and not have to re-apply. It’s like a "safety net" and you’ll feel better knowing it’s always there if an emergency arises. But, unlike a credit card, the interest on a Home Equity Line may be tax deductible (see your tax adviser to be sure). You can enjoy considerable savings with this loan compared to the higher rate on most credit cards. And, the tax savings can save you even more at the end of the year. After a three-month introductory start rate (to see our rates, click on Rates), your rate will change monthly based on the prime rate plus a margin. Your margin and rate are determined by your credit and other factors. Home Equity Loans (closed-end second liens) Home improvements, investment opportunities, college tuition. How can you afford the larger expenses of life and stay within your budget? When you compare the low payments of a No Bull Financial Home Equity Loan with the higher payments on most installment loans and credit cards, you’ll quickly see it’s a better value. And with our low fixed-interest rates, you’ll have the security of knowing your payment will never go up. We offer Home Equity Loans with flexible terms – in some cases, we can lend to the full value of your home, and more. And, the interest on a No Bull Financial Home Equity Loan may be tax deductible. (See your tax adviser to be sure.) Most borrowers obtain a Home Equity Loan to lower their monthly payments, by paying off higher rate credit cards and consumer debt. put your debt payments and balances in our Debt-Consolidation Calculator to see the results for you! Got a followup question? Ask here and have a lending specialist answer it! |
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