A home equity loan is a type of loan that allows homeowners to borrow money against the value of their home. It is a secured loan, meaning that the borrower uses their home as collateral. Home equity loans are often used for major expenses such as home renovations, medical bills, or debt consolidation.
A great benefit of this type of loan is it can be structured as a second mortgage where the borrower does not need to make any changes to the financing on their first mortgage.
Atlas Mortgage Group, LLC offers competitive home equity loan options for homeowners. Our experienced mortgage agents in Kansas City can help you determine the amount you can borrow based on the equity in your home and your financial situation.
With a home equity loan from Atlas Mortgage Group, LLC, you can take advantage of the low interest rates and flexible repayment terms. Plus, the interest you pay on a home equity loan may be tax-deductible, which can save you money.
Contact us today at 816-256-8500 or email us at info@atlasmortgage.group to learn more about our home equity loan options.