Mortgage Broker Jason Zuckerman - The best interest rates and financing options

Interest Rates

Posted Rate Term Our Rates
3.00% Variable Closed 2.15%
3.50% 1 year 2.44%
3.90% 2 years 2.54%
3.89% 3 Years 2.65%
4.14% 4 Years 2.79%
4.39% 5 Years 2.79%
5.75% 7 Years 3.39%
5.90% 10 Years 3.79%
4.00% Variable Open/Line of Credit 3.20%
4.50% 5 year fixed rate with $1000 notary paid 2.84%
4.00% 5 variable closed with $1000 notary paid 2.15%

*rates are subject to change without notice

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Home Equity Lines of Credit

If you are in the market for credit, a home equity plan may be the right option for you. Before making a decision, it is best to consult with me to help you weigh carefully the cost and benefits. As a mortgage broker for many years, I can shop for the credit terms that best meet your borrowing needs without posing you in financial risk.

A home equity line of credit, often known as HELOC, is a loan in which the lender agrees to lend a maximum amount within an agreed term, with the collateral being the borrower's home. Since homes are often the most valuable asset, many homeowners use a home equity credit lines to finance major expenses such as home improvements, medical bills and education.

HELOC loans have been very popular in the early 2000s, because interest paid was typically deductible under federal and many state income tax laws in specific circumstances. This reduced the cost of borrowing funds which offered attractive tax incentives. HELOC is also flexible in both terms of repayment and borrowing.

Since the collateral of a home equity credit is the home, failure to repay the loan may result in foreclosure. Therefore, it is very important to hire a professional mortgage broker to reduce financial any risks.

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