Home Loans
quick, easy pre-approvals online
When you're ready to shop for a house it's a good idea to know how much you can borrow. It's a competive world out there and having a pre-approval letter from a lender when you begin your househunting gives you a big advantage. You can use the pre-approval letter to assure real estate brokers and sellers that you are a qualified buyer.
With our ANY HOUR MORTGAGE, you can do research, see up-to-date mortgage rates and even apply for a loan online. You will have access to conventional and a wide range of specialty mortgage products:
Conventional 15 Yr. and 30 Yr. Fixed
Adjustable Rate Mortgages
Jumbos
Interest Only
Nonconforming
FHAs
and more
Due to the importance of any loan involving your home, internet applications are not available. Please call 623-975-2100, option 3 to speak directly with a loan officer.
Second Mortgage Loans
two great options
What is a Second Mortgage?
A second mortgage, commonly referred to as a home equity loan, allows you to use the "equity" in your home to secure a loan. Equity refers to the difference between what your home is worth and what you still owe on your first mortgage. Sun Country offers two varieties of Home Equity Loans:
Home Equity Line of Credit
For maximum flexibility and the lowest payment, a credit line tied to the equity in your home is a great option. You can borrow money as you need it, and monthly payments are based on 15 year repayment terms. As you pay the balance down, that equity is available for you to borrow again quickly and easily.
Prime Plus HELOC
If you prefer a fixed rate at time of advance our Prime Plus HELOC loan is a smart option to consider. We offer terms up to fifteen years at a low, fixed rate.
What are the benefits of a Second Mortgage?
A home equity loan offers many potential benefits, including:
TAX DEDUCTIBILITY - Interest paid on a home equity loan is often tax deductible. Check with your tax advisor.
ONE LOW PAYMENT - Consolidating other loans/debts to one lower payment.
LOWER INTEREST - Very competitive rates.
GET OUT OF DEBT FASTER - Restructure current debt and get out of debt more quickly.
If you would like to explore your options and see which home equity loan is right for you, speak with any of our loan officers. We'll be happy to help.
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