I need a loan to renovate my home..
The equity in your home can help finance needed renovations
or additions to your property and add to the overall value
of your property. A Money Line Mortgage consultant can help you
decide what additons or repairs can most to the value of your home,
ans help you find the most economical way to finance them.
We have been helping Alberta homeowners get back
on their feet.
How do we do this?
We bring together private investors and borrowers to help you!
How does this work?
Equity is a valuable asset that you can use without having to sell
home. Your home may be your biggest asset, and because of this,
lenders view home equity loans as secure.
What is equity?
Equity is the difference between your home's appraised or fair market
value and your outstanding mortgage balance.
Borrowing against the equity in your home can help you to pay off
your debts. Home equity products usually have a higher interest
rate than first mortgage products, but if you compare the costs
to your credit card or department store charge cards , then calculate
a tax deduction on your home equity loan, you may find that borrowing
up to $100,000 would cost much less than borrowing on your credit