Energy News / SKYDAN Equity Partners, LLC

SKYDAN Equity Partners Explains the Difference Between Home Equity Loans, HELOC, and the SKYDAN Equity Partners Original Sale/Leaseback Program Since 2004

Via: ReleaseWire

Updated 8:00 AM CDT, Thu, September 26,2019

Western Springs, IL -- (SBWIRE) -- 09/26/2019 -- Many homeowners in the Chicago Metropolitan Area struggle to find financial relief in the form of a bank loan because they have a bad credit score. A couple of traditional options that many folks initially turn to are home equity loans and Home Equity Lines of Credit (HELOC). But both of those options require approval from a bank, which requires a credit check, among many other prerequisites. The SKYDAN Solution is a unique way for families and individuals who are in a tough spot to unlock their home's equity and achieve financial freedom.

Home equity loans and HELOCs require homeowners to go through a thorough credit check, in addition to a lengthy appraisal process to determine the fair market value of their home. A home equity loan provides the homeowner with one lump sum of money that must be paid back over the course of 10 to 30 years. A HELOC, on the other hand, only allows the homeowner to use their line of credit as needed via traditional methods like credit cards and checks.

Sadly, many people who find themselves in debt are unable to get approved for these methods of obtaining capital, which puts them and their families in a very difficult situation. The SKYDAN Equity Partners Sale/Leaseback Program does not require a credit check, and it is the best alternative solution to traditional home refinancing methods such as home equity loans and HELOC.

Homeowners from the Chicago Metropolitan Area who are interested in unlocking their home equity to relieve themselves of financial burdens should contact SKYDAN Equity to learn more about their unique leaseback program and their motto: When Banks Say No… We Say Yes.

About SKYDAN Equity Partners LLC
SKYDAN Equity Partners is an Illinois-based real estate investment firm that partners with Chicago-area homeowners. They work to help folks lift themselves out of financial turmoil by allowing them to tap into their home equity and obtain the capital they need to pay off debt. Skydan Equity Partners LLC's home equity programs let homeowners stay in their home without making payments for up to two years.

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The Original Sale/Leaseback Program Program
Since 2004

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Christopher Shirlow
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