Home Equity Credit Lines
There are many options for ID home owners who are experiencing an increase in financial demands; one way to borrow money is through a home equity line. This source of credit can provide certain tax advantages in Idaho and a home equity line generally allows you to borrow large sums of money at lower rates. This line of credit uses your house as collateral though, which means your house is put into jeopardy if you fail to make the monthly mortgage payments. The funds that you receive from a home equity line can be used for anything from home improvements to a child’s school tuition. Call your ID home equity line experts to discuss all of your options, (208) 345-5626.
We Can Help Your With Your Refinance
The decision to refinance in ID has, in the past, meant home owners had to balance the savings of a lower monthly payment against the costs of refinancing. In recent years, ViRB Mortgage Network has introduced “no cost” and low-cost refinancing packages that minimize or completely eliminate the out-of-pocket expenses of refinancing.
With traditional refinancing, the interest rate for your new ID mortgage is often about 2 percentage points below the interest rate of your current mortgage. However, with the newer low- and no-cost refinancing programs offered by ViRB Mortgage Network, home owners can find it valuable to refinance to obtain a smaller reduction in interest rates.
ID Real Estate Information
At ViRB Mortgage Network we offer real estate information in ID and many cities within the state. Below is a brief list of some key areas where we offer our services, please browse through the information given about the areas to help guide you in finding a great location. If the area you are currently searching for is not listed below, then please contact one of our mortgage and real estate professionals today at 208.345.5626.