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We make Real Estate Loans. We offer Real Estate Equity Loans (private money). We are a direct equity lender operating in the Bakersfield area since 1980. We can fund your loan fast. Poor credit OK. Get a private money loan for a property purchase, refinance, equity cash out, rehab, construction or note purchase.
Reviews Sort by: Most Recent | Rating. Dan Cook , Equity 1-Loans does not charge a prepay penalty and does not charge a due on sale clause penalty. Dan Cook will let you pay back the loan with no interest if you are unhappy with the loan for any reason or get a better loan elsewhere and pay back by 21 days of funding.
Equity 1-Loans has specialized in making cash, hard money loans for over 30 years. Meet the Business Owner. Daniel C. Business Owner Daniel retired from the United States Air Force as a captain. He graduated from the University Southern California with an MBA. He is a grandpa. Report ...
Including the new equity loan, the borrower’s LTV ratio would be 70%. What else should I know about home equity loans? Remember, with any kind of home equity loan, your home provides the collateral on the loan.
Start accessing your home equity. To access your home equity, you have two options: a home equity loan or a home equity line of credit (HELOC). A HELOC acts as a credit card in that it’s a revolving line of credit. You make payments and pay interest only on the amount that you spend.
Home equity loans are a popular way to pay for big expenses such as a kitchen remodel. Maybe your credit card bills have gotten out of control or your house needs an expensive roof repair. If you need a large amount of cash, you may want to consider borrowing some of the equity you have built up in your home.
A home equity loan, sometimes referred to as a home equity installment loan, can be a great way to consolidate debt or pay for major expenses. A home equity loan offers a fixed rate, a steady repayment schedule, and potential tax advantages. 1 A fixed rate and predictable monthly payment can help you budget as you work...
However, using your home to guarantee a loan comes with risks. A home equity loan is a type of second mortgage. Your “first” mortgage is the one you used to purchase your home, but you can use additional loans to borrow against the property if you have built up enough equity.
A home equity loan (HEL) lets you borrow a fixed amount, secured by the equity in your home, and receive your money in one lump sum. Typically, home equity loans have a fixed interest rate, fixed term and fixed monthly payment.
Equity 1, Inc. Financial Solutions. 1407 Stephanie Way Ste C. Chesapeake, VA 23320. Phone: 757-313-4080 or toll free at 877-313-4080. Fax: 757-313-4083. E-mail address: firstname.lastname@example.org; Contact Us. Please feel free to contact us with any questions. Contact Us. Flipbooks.