Washington home equity loans
Even though interest rates may be higher than on a mortgage refinance, Washington home equity loans with their low closing costs appeal to those looking for a fixed-rate fully amortizing second mortgage. The equity value in your home is used to determine the maximum amount you’ll be allowed to borrow. Another nice thing about a second mortgage is the potential to repay this debt more quickly than debt on a first mortgage. Of course, this benefit depends upon the amount borrowed.
