MyRefiCompanion.com is a for-profit advertising company and provides marketing services for various companies, including lenders and/or lending partners, who we promote and generate leads for. We receive compensation, in the form of referral fees, from the lenders and/or lending partners, or other offers that we direct you to, when a user completes an action using our links or for forwarding your information to these companies. The information you provide to us is provided to these companies in real time. This compensation may impact which lender and/or lending partners you are matched to.
The information contained in MyHomeEquityCompanion.com should not be conceived as legal, financial or investment advice nor as an endorsement of any of the products or services referenced in MyHomeEquityCompanion.com. As disclosed in the Terms and Conditions all information on MyHomeEquityCompanion.com is subject to change. MyHomeEquityCompanion.com does not contain an exhaustive list of all lending or insurance partners in each category.
Additionally, the operator of this site is not a lender, does not broker loans to lenders and/or lending partners and does not make cash advances or credit decisions. This Website does not constitute an offer or solicitation to lend. The operator of this Website is not an agent, representative or broker of any lender and/or lending partner and does not endorse or charge you for any service or product. Again, we may receive compensation from the lender and/or lending partner for forwarding your information to them. This Site does not guarantee that a provider will accept your request or that their products or services will meet your needs. Their services and products may or may not be the best product or service available on the market.
The Annual Percentage Rate (APR) is variable and is based upon an index plus a margin. The APR will vary with Prime Rate (the index) as published in the Wall Street Journal. The variable rate for Home Equity Lines of Credit starts at 6.59% APR. Rates may vary due to a change in the Prime Rate, a credit limit below $50,000, a loan-to-value (LTV) above 60% and/or a credit score less than 730. The rate should never exceed 18% APR, or applicable state law, or below 3.25% APR. Choosing an interest-only repayment may cause your monthly payment to increase, possibly substantially, once your credit line transitions into the repayment period. Repayment options may vary based on credit qualifications. Interest-only repayment may be unavailable. Loans are subject to credit approval and program guidelines. Not all loan programs are available in all states for all loan amounts. Interest rates and program terms are subject to change without notice. Credit line may be reduced or additional extensions of credit limited if certain circumstances occur.
An early closure fee of 1% of the original line amount, maximum $500, will apply if the line is paid off and closed within the first 30 months. Property insurance is required. Other restrictions may apply.
