From GoPrime Mortgage
Bozeman Home Loans:
A home equity line of credit (HELOC) takes advantage of the equity in your home to give you a low-interest line of credit for any number of purchases. Draw only what you need at the time or up to the full balance and pay it back with simple interest rather than amortized. This can be ideal for remodels or a succession of larger purchases where amounts and timelines are fluid and you need flexibility. HELOCs can also be done concurrently with purchases or refinances to help save money in closing costs and give you more options. Your loan officer will help you decide what is right for your situation.
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When you are looking for current mortgage rates, you need to speak with a person you can trust with your finances and find a local Montana mortgage company you know will work with you and your finances to set up the best deal that is right for you.
Refinancing can be a great option if you're looking to lower your interest rate. You can also take advantage of equity in your home via a cash-out refinance to get cash on hand for remodeling projects or to consolidate high-interest debt. This is where the knowledge and expertise of your local loan officer will really shine!
What to Expect
Not sure what you'll need when applying for a mortgage? GoPrime Mortgage has a gathered all the information you need to feel confident moving forward. From required documentation to application steps and tips, we've got you covered.
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