Home Equity Loans

Unlock the potential of your home with a home equity loan from Zerma Financial!. Also known as a second mortgage, this powerful financial tool allows you to borrow against the equity in your home, giving you access to funds for renovations, debt consolidation, or other major expenses. 

With loan amounts based on the difference between your home’s current market value and your mortgage balance, you can take advantage of the wealth you’ve built. Our home equity loans typically come with fixed rates, providing you with predictable monthly payments and peace of mind. Don’t let your home’s value sit idle—contact us today to discover how a home equity loan can help you achieve your financial goals!

Key Points

  • Home equity loans (also known as second mortgages) are a type of consumer debt.
  • They allow homeowners to borrow against their home's equity.
  • Loan amounts are based on the difference between the home’s market value and the mortgage balance.
  • There are two types: fixed-rate loans and home equity lines of credit (HELOCs).
  • Fixed-rate loans provide a lump sum, while HELOCs offer revolving lines of credit.