Louisiana Mortgage Associates

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Louisiana Home Loans and Mortgage Services
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Louisiana Home Equity Loans Provide Tax Advantages...

Home equity credit lines may be a very useful source of credit when you need to borrow money. When you finance a purchase today, such as an automobile or a boat, you can no longer deduct the interest that you pay on this type of loan from your personal Federal Income Tax. By establishing a line of credit, commonly referred to as a home equity loan, you would normally be able to deduct the interest because your home is actually being used for collateral. Please check with your tax advisor concerning personal tax advantages.

For example, if you purchased a $25,000 automobile with a home equity loan, you would actually be paying cash for the automobile. At the same time, it would take an additional $25,000 to pay off the outstanding balance on your home. To determine the actual savings that a home equity loan would provide, you will need to calculate the tax savings that you will enjoy by being able to deduct the additional interest when you file your tax return. We are the mortgage professionals for Louisiana and located in Lake Charles. Please let us do your next home equity loan.

Remember, there are other ways to borrow money. You might consider exploring a second mortgage loan as an alternative to a home equity loan. Click here for further information about second mortgages.


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After you have applied for your loan, one of our friendly staff will contact you and help you to secure your financing. If you should have any questions, simply pick up the phone and give us a call. If you are out of town, please call 888-475-3273 toll-free.

If you would like to get some sort of idea as to what your monthly payments would be prior to submitting an application, please click here to secure a "Quick Quote".

Learning Center

Louisiana Home Loans and Mortgage Services
Home Purchases  |   Refinancing Loans  |   Debt Consolidation  |  Home Equity Loans  |   2nd Mortgages  |   Home Improvements
Apply Now  |   Mortgage Calculator  |   The Learning Center  |   Your Valued Opinion  |   Contact Us
Site Map  |   Realtor's List  |   Commercial Loans  |   Builder's List  |   Q's & A's
Homes for Sale by Owner  |   Free Home Locator Service


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