Cash out refinance

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Need some cash to consolidate your debts? For home improvements? To pay college tuition? Or how about that new car you’ve had your eye on?

Home equity loans or lines of credit are a smart way to borrow money because the interest rate is often significantly lower than other types of consumer loans. What’s more, the interest on your loan is typically tax-deductible. (Be sure to see your tax advisor.)

Elite Financial  Home Equity Loans offer outstanding advantages:

  • Low rates
  • Low monthly payments loan available
  • No hidden fees
  • No prepayment penalties/certain programs
  • Potential tax-savings (the interest you pay may be fully tax-deductible which further reduces your cost of borrowing. Consult your tax advisor regarding the deductibility of interest.)

* Certain restrictions apply.

For your further convenience, Elite Financial Mortgage offers both fixed-rate and variable-rate Home Equity Loans.

Do you have a Home Equity Loan now from another lender? Switch your loan to the lower rates at Elite Financial Mortgage. Just complete and submit your Home Equity Loan application. Upon approval of your loan, you can use your loan proceeds to pay off your existing home equity loan and enjoy our lower rates. You’ll save money and it’s quick and easy to do.  To find out more, call an Elite Financial Loan Advisor at 505-855-LOAN (5626) and speak to a loan consultant who will assist you with your application.

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