Home Equity Loans

  • No pre-payment penalties
  • No closing costs

Home Equity Worksheet

Estimate the current value of your home $ __________________
Calculate 85% of that amount (x.85) $ __________________
Subtract your current mortgage balance -$ __________________
The maximum credit reserve you could qualify for* $ ___________________

*This is only an approximate amount. An appraisal determines the value of your home and you may be able to borrow up to 90% LTV.

 
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