Put Your Equity to Work
Posted on September 19, 2014
Looking for ways to pay for large home improvement projects, supplement your children’s college fund or manage medical expenses? Thanks to their lower interest rates and potential tax advantages, home equity loans or Home Equity Lines of Credit (HELOC) can be an ideal way to finance big-ticket items.
Home equity loans use your home as collateral. That can create a lot of borrowing power, since your home may be your largest asset. Home prices across the country have been rising recently, which may give you more equity to work with. Now could be the perfect time to use your equity to finance the things you’ve been dreaming of.
Careful planning and review of your financial needs will help you determine which type of loan is better for you. Not sure where to start or looking for some expert advice? Our home equity and mortgage experts at Chemical Bank are happy to answer your questions and help you understand your available options.
Already done your homework and ready to get started on a home equity loan or HELOC? Look no further than Chemical Bank’s trusted team of home equity and mortgage experts. We understand your unique financial needs and have the tools and expertise to help you achieve your goals. Let our dedicated home equity team find the perfect solution to make your financial dreams a reality. Call one of our Mortgage Loan professionals at (800) 867-9757 or visit ChemicalBankMI.com to get started!