--So You Want To Buy A Home?--Home ownership has always been a part of the American dream, not to mention a great investment. - How Much Can You Afford? -- Invest a few minutes with Hilco Mortgage and make sure you're getting the best rates, terms and products available. Follow these steps and make your dream come true. --Pre-Approval--During your complimentary 30-minute visit, you can find out how much of a loan you qualify for and which of our many mortgage loan programs is best for you. Our professional originators will review and evaluate your employment history, gross monthly income, credit history and down payment sources.--Should I Refinance My Current Loan?-- Hilco Mortgage is ready to help you answer this question. Whether you need to reduce your house payment or cash-out' against your investment, Hilco can get your results.. --Should I Consider A Home Equity Loan Or Line Of Credit?--Hilco Mortgage is ready to help you answer this question. Whether you need to remodel your home,pay off existing debt or start that hobby we offer equity options to suit your needs. --Reasons To Take An Equity Loan--Looking to consolidate credit card debt? Need a way to pay for your children's college tuition? An equity loan taps into your home's equity to make tomorrow's dreams come true today. You can use your equity to buy a new car or boat,remodel your home,finance your child's wedding or take an unforgettable vacation. Best of all,interest paid on the loan is usually tax deductible (consult your tax advisor).**What Is A Home Equity Loan?**Often called a second mortgage,a home equity loan has fixed rates and is generally repaid over a 10-year period. The loan is amortized,meaning your monthly payment is applied to principal and interest. For people who need a one-time lump sum,such as for thepurchase of a car or debt consolidation,the equity loan offers the best option.**What Is A Home Equity Line Of Credit?**What do you do when home remodeling costs go over budget? Or your child's college tuition increases? You don't have to worry with a home equity line of credit. Like a credit card,you are pre-approved to borrow money,as you need it,up to your credit limit. But unlike a credit card,a line of credit usually offers you a much lower variable interest rate.