Since you began
making mortgage payments on your current house, you have been building
equity. What this means is that that the value of your investment
is increasing with each payment that you make. You can take
advantage of this growing equity by using it to take out a second
mortgage or secure a line of credit. Follow our application
process to fully utilize your investment. Even if your credit
is less than perfect, we have a program that suits your needs.
We have carefully designed our application process to be easy to use
and quick to complete. In order to start the application you
will need to login into our system. We do this just in case
we get disconnected or you choose to finish the application later
you will be able to re-enter right where you left off without losing
information. eHomeCredit uses the highest levels of security
available over the Internet to ensure that all of your data is safe
and secure. Click here for details concerning security.
When you are ready to apply click here to get started! The entire process usually lasts approximately
15 minutes and we will contact you promptly via email to let you know
that we have received your application.
For specific questions concerning a loan to purchase a new house,
go to our FAQ
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SECOND
MORTGAGES
A second mortgage is a loan used to get cash by borrowing against
the equity in your home. eHomeCredit currently offers fixed
rate second mortgages which means that the payments are fixed during
the life of the loan. Upon origination of the loan, you will
receive funds in a single lump sum payment.
HOME EQUITY LOAN
A Home Equity Loan is a line of credit secured by the equity in
your home. Basically you are using your house as collateral for your
loan. This allows you availability to funds as you need them,
much like a credit card. Your "credit limit" would be equal to the
maximum limit on your Home Equity Loan.
PreQualify
for your second mortgage.
Apply Now
Begin the application process. |
