2019年11月8日 • 4分钟
If you’re looking to save on interest or lower your monthly payments, using your home’s equity for debt consolidation may be the answer. 下面是具体步骤. Keep in mind that the examples below may not apply to your individual situation – but should give you a good idea of the process. 太阳集团平台 or 拜访分支机构 有问题吗?.
加起来 all 你的债务 — credit cards, 学生贷款, medical bills and any other bill you plan to pay off using your 房屋净值贷款. Realize that it may take 30 days from application to funding, so take that into account when adding up 你的债务.
Because the total amount owed may not be reflected on your latest statement or via 网上银行, 一定要请求 支付金额 每个出借人. A 支付金额 is how much you must actually pay to totally satisfy the debt – it will be the entire amount you owe, including interest through the day you intend to pay off the loan, 加上任何费用或成本. A 支付金额 will be something like: “Payoff amount $15,684.有效期至2020年5月15日.” Be sure you’re requesting a 支付金额 for the date the lender will receive your payment, not today’s date (unless the lender will get your payment today). If you’re planning on making more payments before the payoff date, keep those in mind, too.
例如, if the total of 你的债务 is $15,684.53 based on a payoff date of May 15 and you plan to make additional payments of $500 before then (for instance, because of an automated payment in place), your total debt would be around $15,184.53.
A 支付金额 is how much you must actually pay to totally satisfy the debt – it will be the entire amount you owe, including interest through the day you intend to pay off the loan, 加上任何费用或成本.”
Patelco will finance up to 90% of your home’s value – which includes the first mortgage (if any) and the new equity loan.
例如, if your property is worth $500,000美元，有300美元,第一笔抵押贷款欠了000英镑, Patelco may provide a 房屋净值贷款 up to $150,000. (90% of $500,000 is $450,000, and $450,000 minus $300,000 is $150,000.)在另一个例子中, 如果你的房子值200美元,000美元，有165美元,第一笔抵押贷款欠了000英镑, Patelco may provide a 房屋净值贷款 up to $15,000. (Keep in mind that these figures are examples only, and that the final amount you qualify for will be based on a variety of factors, 包括你的信用评分.)
At Patelco we offer equity lines of credit (HELOCs) up to $250,000 at 没有成本 (有一些限制). For HELOCs over $250,000, closing costs will apply and can total up to 2500美元左右. We also make fixed amount 房屋净值贷款s up to $500,000 at 没有成本 (有一些限制).
If there is a cost to apply for and receive a 房屋净值贷款, those costs will typically be taken from the total funded, so you do not need this money upfront at the time you apply.
Our application takes under 20 minutes, and requires basic information including:
准备好了? 现在就开始吧.
The entire process takes around 30 days at Patelco. 如果你被批准了 home equity 信用额度 (HELOC), you can begin accessing it as soon as your loan is funded by:
We’ll also mail you HELOC checks – these are a great way to pay off debts, but keep in mind that they will take a couple weeks to arrive at your home address after your loan has funded.
如果你被批准了 房屋净值贷款 以固定的数量, your money will be deposited to your primary share account, and you can begin accessing it immediately at funding.
As noted above you have several options for paying off 你的债务 – including Patelco checks (if you get a HELOC), 转机 网上银行, or writing checks from your checking account after transferring your loan funds into your Patelco checking account.
不管你选择什么方法, pay off 你的债务 as soon as possible – don’t let them accrue any additional interest. This will also help you resist the temptation to spend the money from your loan on expenses other than 你的债务.
试图摆脱债务? Learn about debt consolidation, 如何整合债务, and the pros and cons of consolidating, to help you decide if it’s right for you!
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