Equity Line of Credit

Using a credit line to borrow against the equity in your home has become a popular source of consumer credit. Most lenders are offering these home equity credit lines in a variety of ways.

If you need to borrow money, home equity lines may be one useful source of credit. Initially at least, they may provide you with large amounts of cash at relatively low interest rates. Depending on your creditworthiness (your income, credit rating, etc.) and the amount of your outstanding debt, you may be able to borrow up to 85% of the appraised value of your home minus the amount you still owe on your first mortgage. Call us for more details.

A mortgage loan may be for any purpose:

Cash-Out Refinancing
Decide how to spend your money: Medical bills, Home Improvements or a dream vacation. It's up to you.

Debt Consolidation
Simplify your life with fewer monthly bills, lower total monthly payments and, sometimes, even cash in hand. A debt consolidation loan allows you to move debt from higher-interest rate credit card and car loans to a lower-rate home loan. Your interest payments might even be tax deductible. (Ask your tax advisor.)

Rate Reduction
Take advantage of low interest rates and reduce your monthly payments by refinancing.

Stated Income, Stated Asset
Grant Realty & Finance offers home loans that allow you to provide little or no paperwork documenting your income and assets - good news for the self-employed and business owners.

Investment Property
Are you a real estate investor? Find out how we can help you finance more properties.

Vacation Homes
Want to make an investment you can enjoy for years? Call us we can help.