2nd Mortgages and
HELOCs in Oakhurst

FREE Mortgage Rate Quote

If you need some extra money to help you cover expenses, you may be looking for a way to tap into the equity you have built up in your California home. At Granite West Funding, we offer both second mortgages and home equity lines of credit (HELOCs), providing you with the flexibility to choose a product which is right for you.

What Are Second Mortgages and HELOCs?

With a HELOC, you receive a revolving line of credit. You can use it in a manner similar to how you would use a credit card.

A second mortgage is a product which likewise helps you leverage your home’s equity, but as a lump sum rather than a line of credit.

What Are the Benefits of Second Mortgages and HELOCs?

If you are eligible for a VA mortgage in Oakhurst or elsewhere in California, these are the advantages you can expect:

Access the equity in your home to help you fund home improvements and other expenses.

Choose a disbursement form which is most suitable to you (lump sum or line of credit).

A range of loan terms is available so that you can repay on a schedule that meets your requirements.

With a HELOC, you can borrow to a limit as high as 90% of your home equity.

These two types of loans usually have competitive interest rates and may lack some of the fees which would be common with regular lines of credit.

Do You Qualify for a Second Mortgage or HELOC?

To be eligible for a HELOC or second mortgage, you must:

Own sufficient equity in your home to borrow against.

Document steady employment.

Show a competitive credit score and debt-to-income (DTI) ratio.

Other aspects of your financial history may also be assessed.

Apply Now for a HELOC or Second Mortgage in CA and Get the Money You Need

If you are ready to tap into your home equity through a second mortgage or HELOC in California today, please give us a call at 559-540-2275. We look forward to discussing your goals and connecting you with the right product during your free consultation.

Get Pre-Approved Today!