Kent, Washington Home Equity Loans

Over time the homes in your Kent neighborhood sell for more than what you paid for them. Over the last few years most homes in Kent, Washington have increased significantly. You can use your home's equity in a number of ways.

Call 800-874-8760 today and deal directly with the Nation’s Top Mortgage Broker – Or Apply online for more information and Great Service!
With a home equity loan, you get a lump sum of money dispersed at closing. With a Home Equity Line of Credit (HELOC) you open a revolving credit line, like a credit card secured by your residence’s equity. The loan size of either loan is determined by the equity in your home and how much of it you intend borrow against. The advantage of a HELOC is that you get to borrow only the amount you require as you need it. This allows your payment to be based on only what you draw as opposed to the entire loan amount.
The appeal of home equity borrowing resides in the low interest rates, the tax deductibility of interest, graduated payments over a longer term and the accumulated equity in your Kent, Washington home. Home equity also represents a liquid asset for unexpected expenditures. If you are planning major remodeling, investment, or debt consolidation – Now might be the time to tap in to your home’s equity.

Check with your CPA, but for most people interest on your mortgage is usually tax-deductible whereas the interest on credit cards and other consumer debts are not.
Paying lower interest rates: With a home loan your interest rates are typically lower than credit cards, the terms are also over a longer period of time, both of these factors will save you money if you access the equity in your Kent home.
Make one payment! How nice would it be to simplify your financial life by having a single, lower monthly payment?
If you have equity in your Kent, Washington home you can use a home equity line of credit for home improvements, and consolidating your high-interest debts. A home equity line of credit (HELOC) is a great way to eliminate credit card debt and save money at the same time.

American Brokerage offers several home equity loans for Kent, Washington residents:
Closed End 2nd's
Open end Lines of Credit
Reduced Income Documentation
2-4 Units & Condo's
2nd Home and Non-Owner Occupied

Call 800-874-8760 today and deal directly with the Nation’s Top Mortgage Broker – Or Apply online for more information and Great Service!