California,United States ( Freepressrelease ) A new Home Equity Line of Credit option with interest rates as low as 3.99 percent is now available in California, thanks to American Mortgage and Real Estate Group. The HELOC program allows borrowers who wish to keep their first mortgage in place to use their equity for such things as debt consolidations, purchase of other properties and home improvements. It offers a six-month introductory rate of 3.99 percent and prime minus .5 percent after.

 

Advantages and highlights of HELOC:

 

* No Income Verification

 

* No Rate Adjustments Based on Score and/or Loan Amount

 

* Maximum Loan Amount $500,000

 

* 3.990% Rate with 3.998% APR

 

* 25 Year Term

 

* Owner and Non Owner Occupied Properties Qualify

 

* 10 Days Closings

 

* Next Day Approval

 

* No Upfront Fees

 

* No Appraisal Fees

 

* No Credit Report Fees

 

About American Mortgage and Real Estate Group (AMRE Group):

 

AMRE Group., established in 2004, got its start with the idea that by using technology it can save a lot of money researching lenders and pass on those savings to its clients. It now offers its services nationwide for commercial loans and statewide for residential loans, and consists of two divisions (residential and commercial lending departments). Based in Glendale, California, it has met with success through competitive pricing accomplished by comparing each client's loan scenario against 75 lenders simultaneously and picking the lowest rate. You can contact loan officer by calling 818-303-3122 or by visiting www.amregroup.com

 

Contact:

 

American Mortgage & Real Estate Group
1314 W Glenoaks Blvd Ste 102
Glendale
CA 91201
USA
818-303-3122
Fax:818-502-9448