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How to unlock your equity in a changing housing market

This article talks about housing market trends and how to unlock your home equity in exchange for cash. 

Understanding Kitchen Remodel Loans: Advantages and Options

Thinking about remodeling your kitchen? Loans can help you finance the project and provide access to larger sums of money. Make sure to compare different loan offers from multiple lenders to get the best deal available! Thinking about remodeling your kitchen? Loans can help you finance the project and provide access to larger sums of money. Make sure to compare different loan offers from multiple lenders to get the best deal available!

HELOC vs. Credit Card: What's Better For Personal Use?

What are the other solutions to getting money if I'm tired of paying high fee's and high interest rates on my credit card??? 'm glad you asked, you can...

Unlocking your home's equity

A HELOC, or Home Equity Line of Credit, is a loan that uses the equity in your home as collateral.

Barn Financing Options for Bad Credit

Explore various financing options to fund your barn project even with bad credit. Learn how to secure funding for your new barn with Hitch.

5 Effective HELOC Strategies for Smart Homeowners

Maximize your home equity line of credit (HELOC) with these 5 effective strategies to avoid financial pitfalls and achieve your financial goals.

7 reasons you should get a HELOC

HELOCs are becoming increasingly popular to access equity in your home.

Cash Out Refinance vs. HELOC : Which One is Better for You

A cash-out refinance and a home equity line of credit (HELOC) are both ways to access the equity in your home.

How to unfreeze your credit report

If you have previously frozen your credit, you may need to unfreeze it in order to apply for loans, credit cards, or other financial products. Here’s a step-by-step guide on how to unfreeze your credit.

Secured vs. Unsecured Loans: Understanding the Key Differences

Loans can be offered either as secured or unsecured. Common examples of secured loans include home mortgages and automobile loans.

Hitch, Inc. 23833672158 NW Toussaint Drive. Bend, Oregon 97703

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1. Qualified applicants may borrow up to 95% of their home’s value. This does not apply to investment properties.2. HELOCs have a 10-year draw period. During the draw period, the borrower is required to make monthly minimum payments, which will equal the greater of (a) $100; or (b) the total of all accrued finance charges and other charges for the monthly billing cycle. During the draw period, the monthly minimum payments may not reduce the outstanding principal balance. During the repayment period, the borrower is required to make monthly minimum payments, which will equal the greater of (a) $100; or (b) 1/240th of the outstanding balance at the end of the draw period, plus all accrued finance charges and other fees, charges, and costs.The lender will calculate this amount by taking the outstanding Account Balance on the last day of the draw period and dividing it by 240 months and then adding any finance charge that accrues but remains unpaid during the monthly billing cycle plus any other fees, charges and costs to the fixed principal payment that is due. During the repayment period, the monthly minimum payments may not, to the extent permitted by law, fully repay the principal balance outstanding on the HELOC. At the end of the repayment period, the borrower must pay any remaining outstanding balance in one full payment.3. The time it takes to get cash is measured from the time the Lending Partner receives all documents requested from the applicant and assumes the applicant’s stated income, property and title information provided in the loan application matches the requested documents and any supporting information. Most borrowers get their cash on average in 21 days. The time period calculation to get cash is based on the first 4 months of 2023 loan funding's, assumes the funds are wired, excludes weekends, and excludes the government-mandated disclosure waiting period. The amount of time it takes to get cash will vary depending on the applicant’s respective financial circumstances and the Lending Partner’s current volume of applications. Closing costs can vary from 3.0 - 5.0%. An appraisal may be required to be completed on the property in some instances.4. Not all borrowers will meet the requirements necessary to qualify. Rates and terms are subject to change based on market conditions and borrower eligibility. This offer is subject to verification of borrower qualifications, property evaluations, income verification and credit approval. This is not a commitment to lend.5. The content provided is presented for information purposes only. This is not a The content provided is presented for information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Other restrictions may apply.