A Home Equity Line of Credit (HELOC) is a flexible financial product that allows homeowners to borrow against the equity in their homes. Equity refers to the difference between the appraised value of your home and the outstanding balance on your mortgage. With a HELOC, you can access a line of credit that you can draw from as needed, similar to a credit card. This line of credit is secured by your home, making it a reliable and potentially affordable option for accessing funds.
Features of a HELOC:
Alliance Mortgage Lending is a Mortgage Broker in San Clemente, we provide HELOC, Home Equity Line of Credit Loans in all of California, including ,but not limited to, these counties: Orange County, San Diego County, Los Angeles County, Riverside County, San Bernardino County, Alameda County, Contra Cost County, Marin County, Monterey County, Napa County, San Benito County, San Francisco County, San Mateo County, Santa Cruz County, Sonoma County and Ventura County.