Home Equity Line of Credit
Perfect for homeowners needing flexible access to funds for various needs!
A HELOC is a revolving line of credit secured by your home's equity, allowing you to borrow, repay, and borrow again during a set "draw period," often with lower interest rates than credit cards.
Why Choose a HELOC?
Access funds flexibly as needed, up to your credit limit, during the draw period (typically 5-10 years). This is ideal for ongoing projects, education costs, or unexpected expenses.
Benefit from potentially lower interest rates compared to unsecured debt like personal loans or credit cards, making it a cost-effective borrowing option. You generally only pay interest on the amount you draw during the draw period.
Key Features:
Revolving Credit: Borrow & repay funds as needed.
Variable Rate: Interest rate typically fluctuates with the market.
Draw Period: Access funds for a set time (e.g., 10 years).
Home as Collateral: Secured by your property's equity.
Unlock your home's equity!
Apply for a HELOC today!
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About Us
Our success has been built on consistently offering the lowest possible rates while delivering exceptional customer service. At Barrett Financial Group, we pride ourselves on treating every client with honesty and integrity.
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