Why Choose A Home Equity Loan?
Conventional and FHA guidelines prevent homeowners from borrowing more than 80% of their home equity. The Home Equity Line of Credit (HELOC) option from Top Flite Financial allows our borrowers to access more of their equity when it is needed.
With a home equity loan, you may be able to use the equity you’ve built in your property to secure financing at a favorable rate. And, you may be able to enjoy tax benefits that other types of loans don’t offer. Keep in mind you may still be required to pay for taxes, insurance, HOA/condo fees.
Whether you’re looking to renovate your home or finance a large purchase, a home equity loan may be a smart solution. Top Flite Financial mortgage professionals are available to discuss the advantages of Home Equity Loans and help you determine whether you qualify. We pride ourselves on explaining our products thoroughly and taking the time to address our clients’ needs.