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Blog Image: Merry Christmas and Happy New Year

Merry Christmas and Happy New Year

All of us at Paramount Residential Mortgage Group Inc. would like to wish you a Merry Christmas and a Happy New Year! We hope that 2021 is a year full of happiness, health and prosperity for you and your loved ones. All the Best, Paramount Residential Mortgage Group Inc.

December 23rd, 2020 | Refinancing a Home, Credit, Home Equity, Merry Christmas and Happy New Year

Blog Image: How Can I Qualify for a Home Equity Loan?

How Can I Qualify for a Home Equity Loan?

Whether you are remodeling your kitchen, consolidating several big debts, or paying for your child’s college tuition, a home equity loan can be one of the most cost-effective ways to borrow money. Interest rates are lower on mortgages than on almost any other type of loan. But how do you know if you can qualify for a home equity loan? Here’s what you need to know to be approved for one of these popular loans: How a Home Equity Loan Works A home equity loan is a second mortgage. It uses your home as collateral and allows you to borrow against your existing equity. Your equity ...

March 18th, 2020 | Home Equity, How Can I Qualify for a Home Equity Loan?