Mortgage Lenders, Home Equity
Loans and HELOC Serving Paso Robles, Atascadero and Templeton

HOME EQUITY LOANS

Our Mortgage Lenders offer fixed and variable-rate Home Equity Lines of Credit (HELOC's) to suit your needs.  With these products, you can borrow up to 100 percent of the value of your property.  The great thing about a HELOC is that you can use any portion of it at any time and pay it back at any time. There are even options to convert the adjustable rate into a fixed rate after closing your loan if that fits your needs. If you're interested in debt consolidation or home improvements, a home equity loan is the perfect solution! 

Home Equity Loan vs Home Equity Line of Credit

A home equity loan consists of a single lump sum of money that is associated with a fixed interest rate. Your monthly rates for this type of loan will remain fixed until the entire loan is paid off. On the other hand, Home Equity Lines of Credit (HELOC's) allow flexibility in the amount of money you want to borrow as well as the interest rate that will be charged. For example, if you are interested in a loan for Atascadero, Paso Robles or Templeton, but are unsure of your exact costs, it may be wise for you to establish a Home Equity Line of Credit instead of a loan. This would provide you with the ability to take out different amounts of money at different times in order to custom-fit your needs. If you are interested, fill out the form below and our mortgage lenders would be happy to give you a more detailed breakdown of this process.