Cincinnati Home Equity Loan
Do you need access to capital for a business venture? Do you want to pay off high interest credit cards or buy a new car? Get cash or pay off bills with a second mortgage (also known as a home equity loan).
There are two types of second mortgages:
The first is a home equity line of credit, sometimes called a HELOC. The line of credit functions like a credit card; it allows you to pay down your balance and then use the line again in the future.
The second type is a closed end loan. A closed end loan functions much like a car loan; you will receive a lump sum at the closing and when you pay down the balance you are not permitted to run it up again.
Learn more about the different options available on second mortgages. Contact me today!
David Viox, Mortgage Consultant
Office: 513-429-2122 Cell: 513-607-9105,
Toll free: 877-357-1410
Email:
David@VioxMortgage.com
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