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| Mortgage - Home Loans - Refinance - Mortgage Refinance - Mortgage Rates - Home Equity |
| Our polite, professional and efficient staff has decades of experience providing home financing and home refinancing loan options to many thousands of satisfied customers with superior service second to none. We are a direct source for home mortgage loans, mortgage refinance, mortgage rates and home equity mortgage refinancing loan programs. We also specialize in options for mobile home refinancing, mobile home loans, mobile home financing and manufactured home loan lender products specifically for manufactured housing lending nationwide. Your request gains access to home purchase loans and home refinance loans at real savings. Once you've found or already own the perfect home, you need the perfect financing or refinancing. Let us find the best loan for you! |
| Mobile Home Financing - Manufactured Home Loans - Mobile & Manufactured Home Refinancing |


| Home Equity Loans -- What You Need to Know A home-equity loan, also known as a second mortgage, lets homeowners borrow money by leveraging the equity in their homes. With a home-equity loan, homeowners may be able to deduct all of the interest when they file their tax returns. Two Types of Home-Equity Loans Home-equity loans come in two varieties - fixed-rate loans and lines of credit. Both types are available with terms that generally range from five to 15 years. Another similarity is that both types of loans must be repaid in full if the home on which they are borrowed is sold. Fixed-Rate Loans Fixed-rate loans provide a single, lump-sum payment to the borrower, which is repaid over a set period of time at an agreed-upon interest rate. The payment and interest rate remain the same over the lifetime of the loan. Home-Equity Lines of Credit A home-equity line of credit (HELOC) is a variable-rate loan that works much like a credit card and, in fact, sometimes comes with one. Borrowers are pre-approved for a certain spending limit and can withdraw money when they need it via a credit card or special checks. Monthly payments vary based on the amount of money borrowed and the current interest rate. Like fixed-rate loans, the HELOC has a set term. When the end of the term is reached, the outstanding loan amount must be repaid in full. Benefits for Consumers Home-equity loans provide an easy source of cash. The interest rate on a home-equity loan, although higher than that of a first mortgage, is much lower than on credit cards and other consumer loans. As such, the number-one reason consumers borrow against the value of their homes via a fixed-rate home equity loan is to pay off credit card balances. Interest paid on a home-equity loan is also tax deductible, as we noted earlier. So, by consolidating debt with the home-equity loan, consumers get a single payment, a lower interest rate and tax benefits. NO INITIAL CREDIT CHECK -- NO SENSITIVE INFORMATION -- FREE QUOTE |
| Home Equity Loans - What You Need To Know - Mortgage Refinance |
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| Copyright ©1999-2012 Earth Works Trust Inc. All Rights Reserved Earth Works Trust Financial Services doesn't lend money directly to borrowers, though we are a direct source to approved national lenders and licensed independent mortgage professionals in your local area. This allows for the widest variety of housing loan options to meet your needs. We also work to make sure you have the resources you need when researching for a residential or manufactured home loan. We've developed tools to make it easier to find the right loan product. Submission of this loan request form gives permission to contact you concerning housing loan products, Privacy policy: We respect your privacy! Your information will be kept confidential and disclosed only as allowed by law. |
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