Three Ways to Access Your Home Equity. Which Fits You?
THREE WAYS TO ACCESS YOUR HOME EQUITY
Which Home Equity Option Makes the Most Sense for You?
You may have more choices than you realize when it comes to accessing your home's equity.
Equity Sharing Agreement (ESA)
Access eligible home equity without required monthly payments, in exchange for a future settlement tied to your home's value.
Home Equity Line of Credit (HELOC)
Access funds through a credit line, with repayment terms that vary by program.
Home Equity Loan (HELOAN)
Receive a lump sum with a fixed interest rate and scheduled monthly payments.
Each has advantages, costs, and qualification requirements.
And certain programs may also be available for eligible second homes and investment properties.
You don't have to know which program you want before contacting me.
That's what I'm here to help you figure out.
Click Here for my latest blog to learn how these options compare.
Call me or request more information today. Let's review your home's potential equity options and find out which approach may fit your financial goals.
Rob Clark | Home Loan Consultant
Firestone Financial Group
209-227-7745 | 559-476-9279
rbrtclark53@gmail.com
www.RobertClarkLoans.com
Disclosure: Equity Sharing Agreements involve future settlement obligations and may have substantial long-term costs. HELOCs and Home Equity Loans are secured loans with repayment obligations. Program availability, qualification requirements, fees, rates, and property eligibility vary. All financing is subject to applicable guidelines and approval.
NMLS #357788 | Company NMLS #301522
CA DRE #01148307 | Equal Housing Lender
* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.