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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.

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.

Where to Apply for a HELOC? Hitch Has You Covered

If you're looking for the best platform to apply for a HELOC, look no further than Hitch. With its quick and easy application process, multiple lender options, personalized loan options, and secure platform, Hitch has got you covered.

HELOC: Home Equity Line Of Credit

A HELOC is a revolving line of credit that allows you to borrow against the equity in your home as needed, Know more about HELOC with best HELOC providers in the USA.

The Pros and Cons of a HELOC: Unlocking the Value of Your Home

A HELOC is a revolving line of credit that allows you to borrow against the equity in your home as needed.

HELOC vs. Personal Loan: Which is Right For You?

How much real wealth have you created over the years by owning one or more properties?

Equal Housing OpportunityHitch Inc. NMLS 2383367
1. Qualified applicants may borrow up to 90% 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. Our borrowers get their cash on average in 21 days. The time period calculation to get cash is based on the last 6 months of 2022 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. 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. 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.4. By inputting your phone and clicking the "Check my rate" button, you authorize your wireless carrier to use or disclose information about your account and your wireless device, if available, to us or our service provider for the duration of your business relationship, solely to help them identify you or your wireless device and to prevent fraud. Additionally, you authorize Hitch and its service providers to obtain your name, address, email and Social Security Number from Equifax in order to validate your identity and/or populate this form. See our Privacy Policy for how we handle your data.
Hitch, Inc.2158 NW Toussaint DriveBend, Oregon 97703(833) 512-0284

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