Our Home equity lenders connect borrowers with low rate refinance offers for refinancing equity loans, variable rate credit lines and credit cards. Smart Home Equity provides borrowers with low rate offers for refinancing home equity loans and credit lines for debt consolidation. We provide refinancing solutions that convert adjustable rate debt into a fixed rate, simple interest loan.
Refinance into a Fixed Rate Equity Loan
Our strong relationships with the top home equity lenders in the country translate to low rate cost effective home equity loan refinancing for you. When consolidating a line of credit or refinancing a home equity loan, you not only need to consider how much you'll save by lowering monthly payments, but also how much it will cost you to refinance the loan. The rule of thumb is to consider a home equity loan (second mortgage) refinance if the interest rate is about two percentage points below the rate of your current loan. However, if you find a home equity lender willing to do low-cost, or better yet, no-cost refinancing could be in your best interest.
Free Quote on Home Equity Loans with a Fixed Rate Guarantee
Refinance with Cash Back
Refinance Revolving Credit Cards
Fixed Rate Home Equity Refinance
Low Rate Loan Refinancing
Refinance Debt with Home Equity Loans
Cash Out Home Refinancing
Sub-Prime Home Equity Refinance
Home Equity Line Refinancing
No Mortgage Insurance
No Income Verified Loans
First Time Homebuyers OK
2nd Home Refinance
Everyone known that finding a mortgage lender that offers prime home equity rates is very easy to do. But, did you know that it's also pretty easy to find a home equity lender that works with non-prime credit? You may wonder why anyone would want to refinance a 2nd mortgage if they have bad credit. There are many reasons, including refinancing a home equity loan to get secured debt consolidation to refinance high rate credit cards and getting a fixed rate consolidation loan to pay off home equity line of credit.
Many people refinance their second mortgages into new debt consolidation loans for consolidating revolving debt, especially if they've missed a payment on one of their credit cards and they are now stuck paying the universal default rate, which can carry exorbitant interest rates. For example, Consumer Affairs found default rates as high as 35% (Merrick Bank). Many other financial institutions charge almost 30% (29.99%).
Refinancing 2nd mortgages, even for people with bad credit, makes sense because of the lowered interest rates compared with those of credit cards and unsecured personal loans. With short-term interest rates on the rise, refinancing into a fixed-rate debt consolidation loan to pay off a HELOC, will save you money and alleviate the worries of rate hikes. Besides, by paying off high-interest credit cards, and not closing the accounts or using the cards, a person with bad credit could raise their credit scores by 20 points or more. Then, they will be able to refinance again later on for lowered interest rates and lower payments.
Additional Home Equity Options from Smart Home Equity
Most homeowners are getting wise to adjustable rates, but if you have put off "mortgage refinancing", take a minute and discuss a fixed payment home equity loan that could save you quite a bit of cash over the years. 100% Home Equity Loans
Homeowners should stop using their credit cards to finance home improvements because the interest rates for fixed rate home equity loans are much lower & they will be able to borrow more to get their projects done right the 1st time.