New HELOC Financing Options on Home Purchases in Baton Rouge

One of my key lending partners has just announced an new updated and enhanced Home Equity Line of Credit (HELOC) loan program!

A HELOC allows a homeowner to pull excess equity out of their home and put that money to use in other areas such as home improvements, debt consolidation, travel, down payment on an investment property, etc). You are typically able to pull out excess equity up to 80% of the current appraised value of your home.

This HELOC program now allows you to count business income accounts (in addition to personal accounts) towards your loan qualification AND this program now allows you to pull up to $750,000 in home equity funds from your home!

Specific loan question? Reach out to Ryan Larussa with Synergy One Lending and he'll be glad to help you out - Ryan is one of my most trusted lender partners!

I'm always available to answer questions about specific homes or neighborhoods or the real estate market in general - just reach out and let's visit!

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