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Home Equity vs. HELOC: What You Need to Know When Refinancing Your Mortgage

Home Equity vs. HELOC: What You Need to Know When Refinancing Your Mortgage

by Omega Lending Group | Sep 15, 2020 | Mortgage Tips, Refinance

When you are looking to refinance your mortgage, you may be considering between a home equity refinance or a home equity line of credit (HELOC) refinance. Both offer pros and cons but ultimately, you will need to understand them both in detail to create a refi plan...
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Omega Lending Group is a local mortgage lender based in Royal Oak, MI serving Michigan home buyers and home owners. At Omega we believe that obtaining a mortgage or refinancing a home loan should be a smooth and easy process driven by real people, not algorithms or chat bots.

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