Chase Mortgage Center . com - Mortgae Loan Application Questions

Do you have equity in your House?

Do you know how much your home is worth? Would you like to turn your equity into cash that you can use for any purpose?

Chase Mortgage Center'’s low rate Home Equity loan allows you to borrow up to 100% of your home’s equity. Use the money to consolidate debt or make home improvements and close your loan quickly and easily.

By taking the equity of your home, you can:

Pay off credit card debt
Cash out equity
Lower payments

Another reason most people take equity out of their home is when they are in the need for cash for any purpose (new vehicle, pay bills, etc.) Contact us for more information
or you are interested in borrowing your equity.

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What you Need to Know About Equity:

Equity is simply the value of a homeowner's
unencumbered interest on real estate. Equity is
computed by subtracting the total of the unpaid
mortgage balance and any outstanding liens or other
debts against the property from the property's
fair market value.

A homeowner's equity increases as he or she pays
off his or her mortgage and/or as the property
appreciates in value. When a mortgage and all other
debts against the property are paid in full, the
homeowner has 100 percent equity in his
or her property.