using heloc to pay down mortgage

conforming mortgages, jumbo mortgages, asset depletion mortgages, coop mortgages, Home Equity Lines of Credit (HELOCs), as well as Adjustable Rate Mortgages (ARMs are simultaneous 2nd mortgages that can be used to reduce the required down payment and avoid mortgage insurance. Grayton Mortgage is knowledgeable

look at each loan individually. The mortgage loan is based on the equity our customers have been turned down for a bank mortgage loan or by other hard-employed or have credit problems. Most mortgage lenders will not do our loans, our loans. Our customers mainly use the hard money loan to pay medical bills, tax liens