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how home equity loans work?

I'd like to use equity in my home toward tuition payments but I don't know how they work. I have 35% equity in my house right now, not looking to use all. by resnaolick78423755 from Fairpoint, Ohio. Aug 25th 2014 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

You can contact your local bank or credit union and apply for a Home Equity Line of Credit (HELOC).. with this type of loan product, you apply once, and you have unlimited access to your homes equity without having to refinance or qualify each time.. Plus the costs associated with this type of loan are very low.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Aug 25th 2014
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