Considering a home equity line of credit (HELOC)?

Tapping into your home equity is easier than ever before! You've been paying down your balance, and property values have gone up. Tap into that wealth and reward yourself.

LMC’s Home Equity Line of Credit (HELOC) is a revolving account that is attached to the property as a second mortgage. These products provide an open reserve amount of cash that can be used for just about anything ... consolidating debt, home improvements, college tuition, etc. Depending on the credit scores of the borrower, the line may be offered for up to 100% of the equity in the home. Please note that HELOC interest rates are normally tied to the prime rate and can adjust accordingly although a "rate-lock" option may be available. A checkbook and/or credit card will be given to you to access your available funds. The line payments are normally interest-only and can be drawn up and paid down to zero without penalty.

If you have questions regarding HELOCs, interest rates or Langdon Mortgage, call us or complete our FREE Mortgage Consultation or Contact Us forms. You can also apply online by completing our Quick Loan Application or call us locally (317.844.2250) or toll-free (866.844.2250) to apply over the phone. If you prefer, one of our Mortgage Consultants will gladly meet you in our office or at a convenient time and place of your choosing.