Home equity loans in Illinois
If you need cash and you own a home, you may be able to get what you need, one time, with a home equity loan; a second mortgage with a fixed rate. A mortgage refinance can also give you much needed cash at a lower interest rate than you can get with a home equity loan. Even if the rate on your first mortgage is low, it still makes sense to consider a second loan as it’s sometimes more beneficial than refinancing.
