Home Equity Loans
Get up to $500,000 with a Home Equity Loan
You've built the equity in your home. Now, make the most of it.
The Statewide Funding Group Home Equity Loan is a fixed-rate second mortgage that gives you access to up to 90% of the equity you’ve built in your home. So if your equity is $100,000, you can borrow up to $100,000. It’s money you can use for just about any purpose.
Borrowing against your equity also allows you to access just the amount you need, without refinancing or affecting your current low-interest first mortgage.
Even better, we can often close a Home Equity Loan in just days, not weeks, helping you get the money you need when you need it. Loans are available from $40,000 up to $500,000. So take a few minutes now to find out how much you’re eligible to receive.
A Home Equity Loan can be the right choice to:
- Consolidate high-interest credit card debt – at a lower interest rate
- Buy a second home – with as little as 10% down
- Make improvements – to increase the value of your home
- Pay for college – so your children get the education they deserve
- Get the cash you need for a large purchase - it’s really up to you
Facts About Statewide's Home Equity Loan:
- Loans from $40,000-$500,000
- Cash out-up to 90% loan to value
- Affordable monthly payments
- Fixed terms up to 15 years
- Fast closing-in just days, not weeks
- Won’t affect your low 1st mortgage rate