Home equity loans in North Carolina
If you have equity in your home, you can turn it into cash. To start, apply for a home equity loan with a fixed rate of interest, or a refinance available with either an adjustable or fixed rate. The fixed rate on a refinance typically is lower than that on a home equity loan. The debt incurred with a home equity loan is in addition to the debt carried on a first mortgage whereas refinancing results in a single loan that’s larger.
