Have an estimate of your home’s value, your current mortgage balance and payment, and the amount you hope to borrow. Matt can review those details alongside your income, credit, and intended use of funds to see which home equity loan options may be available.
Ask about the new monthly payment, repayment term, closing costs, and how the second loan fits your budget. A HELOAN generally provides a defined loan amount with scheduled repayment; Matt does not offer a revolving HELOC. Approval and terms depend on the lender’s review of you and the property.
