Whether it’s $10,000 or $500,000 – Alpine Credits is Your Best Alternative to the Bank
Do you need additional money to pay for your own education or your child’s education?
If this is the case, you have likely discovered how costly education has become and, you acknowledge the value it can bring to you and/or your loved ones. Rather than putting it off or trying to manage your existing expenses plus the additional expenses of education, a home equity loan can give you the flexibility you need to focus on what really matters.
At Alpine Credits we have professionals who are capable of working with you to completely understand your financial situation and provide you with options when it comes to a home equity loan for education expenses.
How to Qualify for a Home Equity Loan
All you need to qualify for a loan is to own your home (or other real estate). At Alpine Credits, our primary concern is not your age, credit or income history in approving you for a loan. Instead we focus on the value you have in home equity or other real estate and, unlike the banks with their stringent lending criteria, we will try to make it as easy as possible.
Easy Application – 3 Simple Steps – 24 Hr Approval
*Disclosure on “Loan Examples” Above
Alpine Credits’ intent is to always have full disclosure on all of our loan offerings. Borrowers are provided with all necessary disclosure prior to entering into any obligation. Our objective is to offer Canadian home owners an alternative to the banks and credit unions (not a replacement). Typically, you will find our rates to be higher than the banks; however, with this in mind, we are usually more efficient than the banks in getting you your money and may lend in situations where the banks (and other traditional lenders) will not. Once we have provided you with all necessary information, the decision will be left with you as to whether or not you wish to proceed with our offer. Thank you for your consideration. We look forward to speaking with you soon.
All of the above examples are for discussion purposes only. It is important the reader is aware that the examples may represent the lower priced range of our product offerings. Rates on our loans are subject to change and may vary (up or down) based on the equity you have in real estate, the state / condition / location of your real estate, your personal financial situation and the Canadian mortgage market. The examples are all based on interest only monthly payments (you may elect to pick a shorter amortization to pay off your loan sooner) in which the rate in year 2 increases to the prime rate plus 3.75% and the prime rate plus 6.00% for the first and second mortgages respectively. The Cash Advance in all of the loans above represents the net amount of money to be received. The “Gross Amount” for the $100,000 / $300,000 / $25,000 / $50,000 loans in the examples above are $110,500 / $327,900 / $29,500 / $58,140 respectively. The difference between the Gross Amount and Net amount represents closing costs which includes items such as legal fees, appraisals, brokerage fees, etc. (“Fees”). The APR will increase / decrease in the event of higher / lower Fees. Once again, thank you for your consideration.