top of page

home equity loans

home equity loans

A home equity loan is a type of loan in which the borrower uses the equity of his or her home as collateral. The loan amount is determined by the value of the property, and the value of the property is determined by an appraiser from the lending institution. Home equity loans are often used to finance major expenses such as home repairs, medical bills, or college education. A home equity loan creates a lien against the borrower's house and reduces actual home equity.

​

  • Facebook Social Icon
  • Instagram
  • Twitter
Prime Escrow Logo Icon White.png

Prime Mortgage LLC

Equal_Housing_Lender-PNG.png

NMLS #422813

1-915-587-7463
550 South Mesa Hills Dr. Suite A1
El Paso, TX 79912

bottom of page