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Home Equity Loan
Lock into a Fixed Rate Home Equity Loan while the interest rates are affordable with no equity required.
Nationwide Mortgage Loans is a home equity loan company offering cash out refinance, home equity loan credit, no equity loans, debt consolidation refinancing or line of credit rates. We also provide the best home equity loans nationally with a wide selection of fixed equity loan refinancing and second mortgage loans. Nationwide offers all types of home loans in 1st or 2nd position with refinance home equity options for fixed rate installment loans or revolving credit lines. Our home equity lenders remains as one of the last premiere home equity loan bankers who still offer 100 and 125% mortgage loans. We offer prime equity loan refinancing and lines for people with good credit and subprime home equity options for borrowers with bad credit. Nationwide is focused on remaining an industry leader for high LTV equity loans and home refinancing transactions. In a recent article, IHE Account Executive Dan Ambrose said, "No broker has a better understanding of home equity loans."
Choose from Fixed Home Equity Loans to Flexible Home Equity Credit Lines
Home equity loans are more difficult to qualify for these days because of the equity loan default rise. For fair or less than perfect credit, consider getting cash out with FHA refinance loans that require very little equity. Borrowers can get cash back in a home loan up to 95% loan to value.
Consider the "stated income" home equity loans that allow first time homebuyers to qualify for loans without having to document their income. Remember, an equity loan that requires less documentation usually requires a lot more equity.
If you would rather not refinance your 1st mortgage, but need cash out for consolidating debt or financing home improvements, then Nationwide is the lender to help you maximize your home's equity will minimizing the cost of refinancing. Cash out equity loan and home refinancing volumes have increased significantly this year, and the consumer demand is sure to drive expanded guidelines for larger loan amounts.
Home equity loans offer quick cash to homeowners who want an affordable monthly payment that is tax deductible like their first mortgage. Borrowers like the home equity lending at Nationwide because we offer second mortgages that meet their needs without requiring them to refinance their first mortgage loan if it does not benefit them.

Maximize Home Equity with a Low Rate Cash Out Refinance or Home Equity Debt Consolidation Loan if Credit Scores are Good! |
Having Problems Qualifying for 125% Loans? |
Try FHA Cash Out Refinancing to 95% because Credit Scores are not a factor
- FHA Home Loans offer Cash Back
- Fixed Rate 30 Year Mortgage Loans
- Rate & Term Refinancing to 97% Loan to Value
- Competitive Low Rate Home Loans
- Streamline FHA Home Refinance Loans
>> Get Current FHA Mortgage Rates |
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Home Equity Loan Definition (also called second mortgage) |
A home equity loan is offered as a onetime lump sum of money secured and borrowed against the equity in your home. Online home equity loans are available to borrowers who complete a residential loan application and have the ability to document their income sources.
Home equity loans ensure a fixed rate mortgage that is secured as a lien in second position on the deed to your property's title. In most cases, equity loan rates are low with affordable interest rates like traditional mortgages.
Fixed home equity loans provide fixed monthly payments and a fixed amortization schedule. Cash is allocated to borrower at time of closing escrow (or at the time your loan funds) Home equity loans are tax-deductible in most cases. These fixed equity loans are very popular loans for debt consolidation & home improvement. There are no annual fees with fixed rate home equity loans.
Home equity interest only loan is available as a HELOC and borrowers only pay interest on the portion of the funds that are accessed. Home equity refinancing locking in a fixed interest rate is recommended once your credit line funds have been used.
Free No Obligation Quote from a Professional Loan Officer, Home Equity Loan Apply. |
Useful Financing Tips from the Home Equity Loan Experts |
What Are 125 Home Equity Loans?
125% Home equity loans are 2nd mortgage liens that allow you to borrow beyond the value of your home. These "outside of the box" loans were popular for refinancing credit card debt. A home equity loan is secured by the deed on your home and personal credit.
Clearly the "125%" underwriting guidelines are more concerned with credit scores and residual income than with equity earned in the home. Due to market conditions on the secondary market, The 125% program has been put on hold.
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Free Home Equity Loan Quotes Online |
Consolidate Debt and Lower Monthly Payments with a
Fixed Prime Rate Home Equity Loan |
Loan Amount |
Current Payments |
Home Equity Payment* |
Monthly Payment Savings |
$30,000 |
$695 |
$262 |
$433 |
$50,000 |
$1,145 |
$436 |
$709 |
$80,000 |
$1,792 |
$699 |
$1,093 |
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* This is a sample of refinanced credit debt to and assumes interest rate for the second mortgage at 9.5%.
Apply Now and find out how to maximize the equity in your home!
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See Featured State Pages Below for Various Home Equity Loan Specials |
Many financing experts consider home equity loans a valuable vehicle for homeowners to access cash.
Our home equity specialists will help you find the best loan that uncovers the most savings.
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State Guide for Home Equity Rates |

Loan Processing
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| Oregon Home Equity Loans – Local residents from Portland, Eugene, Salem, Beaverton, Medford, Bend and Corvallis have begun to refinance their recently acquired credit lines with fixed rate home equity loans. |
Virginia Home Equity Loans – Local homeowners from towns like, Charlottesville, Virginia Beach, Norfolk, Newport News, Arlington, Alexandria and Hampton have been utilizing their real estate appreciation with home equity financing. |
| New Jersey Home Equity Loans – Local residents from Jersey City, Newark, Paterson Elizabeth, Woodbridge, Hamilton, Trenton and Camden continue to consolidate debt with home equity. |
Maryland Home Equity Loans –Many homeowners from towns like, Baltimore, Frederick, Gaithersburg, Hagerstown, Annapolis, Salisbury and Cumberland continue to finance home improvements with home equity loans. |
| Ohio Home Equity Loans – Local homeowners from Columbus, Cleveland, Cincinnati, Toledo, Akron, Dayton and Canton are migrating towards fixed rate loan conversions. |
*Home equity loan approvals are subject to submitting an application to Nationwide Mortgage Loan Company. The standard conditions for underwriting qualifications: verification of income, employment, assets and other info like obtaining an acceptable property. |
Home Equity Loan Programs |
125% Home Equity Loan |
100% Home Equity Loan |
No Equity Loan Modification allowed through the government for borrowers who owe more on their mortgage than their homes are worth. |
Apply now for a low rate loan that will maximize your home's equity. Refinance or Take out an equity loan to 100% with a fixed rate. |
90% Home Equity Loan |
80% Home Equity Loan |
Lock into a low rate home equity loan maximizing your home's equity. Borrow up to 90% with a fixed rate and fixed payment. |
Lock into a low rate equity loan maximizing your home's equity. Borrow up to 80% with a fixed rate and fixed payment. |
100% Home Equity Credit Line |
Home Improvement Loan |
Take advantage of the flexibility the equity line offers. With equity lines, only pay interest on the amount you access. Credit lines are variable, but fixed rate conversions may be available. |
No Equity Required! First Time Home Buyers are invited to apply. FHA 203k loans enable borrowers to get cash out for home improvements and remodeling. |
More Popular Home Equity Loan Solutions to Consider: |
Please view the popular home equity products below. If you need more information, Please select the loan that interests you most. Get more details click the relevant link below that meet you needs and for researching further. |
| Second Mortgage |
Credit Card Consolidation Loans |
Debt Settlement |
Linda's Advice for choosing a home equity loan
Ask Linda? |
Always calculate and your combined loan to value factoring in the proposed home equity loan.
If you don't add the potential loan amount to the existing mortgage totals, you could be shocked with the higher rate that is offered when the reality of your home's equity prevails.
CLTV Formula: (Existing Mortgage plus the New Second Mortgage then Sum is Divided by the Value of your home = Combined Loan To Value) |
Nationwide Mortgage Loans Loan Spotlight |
Second Mortgages 100%
Fixed rate second mortgages up to 100% combined loan to value. 100 percent loans are very popular with 1st time homebuyers because they do not need equity and reduced documentation is offered with stated income options for qualified borrowers.
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| Also see options for Debt Consolidation Loans and Bad Credit Refinancing. |
Fixed Rate Second Mortgage or Variable Home Equity Line of Credit?
Home Equity Report 2006 - By Barry Donavan |
Examine the features and benefits of the latest home equity loan products of 2006. Understanding the differences between fixed rate second mortgage loans and variable rate credit lines can help you make the right decision with your home's equity. |
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| Client Testimonials |
"The loan officers at Nationwide helped me compare home equity loans until I was sure that I found the right loan for our family’s goals. I was able to pay off some bills and get cash for home improvements and my new business. Thank you!
– Barrett Family.
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| Free Finance Guides |
Take advantage of our free guides and disclosures that help 1st time homebuyers.
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