Home Equity Loans

  • Description: Home Equity Loans, also known as second mortgages, allow homeowners to borrow against the equity in their homes. They can cash out up to 80% CLTV (combined loan-to-value) of the property’s value. It’s a combination of the first and second mortgage.
  • Eligibility:
    – Homeowners with sufficient equity in their homes
    – Homeowners looking to cash out up to 80% CLTV (combined loan-to-value) of the property’s value